Discussion on Corporate CEO Pay

There's been an interesting discussion on Corporate CEO Pay and such matters (such as what might be done to deal with the loot-the-corporate-treasury-level compensation given out at the Reason blog. I offered my two cents there which, briefly put, is to put executive compensation (and some other matters) up for a straight up or down vote from shareholders, with a majority or perhaps even a supermajority required to approve them - then at least the owners of a company can have some say in whether or not they'll let themselves be looted.