the market. Foreman thinks the new law has got it about right. Why lose "the synergy of a working business" in a liq- uidation? Abuses, he insists, are rare. Thanks to the code, he notes, the Federated chain of department stores, Continental Airlines, and Macy's are all still in business, with employ- ees still on the job.
How CEOs Got Theirs
"CEO Pay: Why Such a Contentious Issue?" Margaret M. Blair, in Brooki~igsReview (Winter 1994), 1775Mass. Ave. N.W., Washington, D.C....