Pay Check: Are Top Earners Really Worth It? (Updated Edition)

Even amid the enduring financial crisis, sky-high salaries for top executives and bankers persist, further inflaming public anger. But nothing will change, argues David Bolchover, until we confront the root cause - a self-serving "talent myth" that justifies high pay on the ground that the recipients possess extraordinary abilities without which no company could hope to prosper. These claims are not only unfounded; they are also an abuse of free-market capitalism. Pay Check aims to win the system back for those who actually take the risks, and expose those who merely snatch the rewards.