These managers have benefited ENORMOUSLY from quantitative easing--that is the govt. buying stocks. They don't have to do anything and the share price rises due to inflation of the stock market. it is up 190% since the crash. These guys have become greedy and lazy. The new breed of CEO has nothing invested in the company they run, they just raid the coffers, then move on.

Now that the Fed is announcing they are going to taper off their cash injections, the whole market is floundering. Only the fact that Europe and Japan have said they are continuing their own QE is keeping the US stock market from declining or crashing.