Class Assignment What is your opinion? Mr. Hall has a valid contract, and he did earn...

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Class Assignment What is your opinion? Mr. Hall has a valid contract, and he did earn a very substan- tial profit for the company at which he works. But that company has been subsidized by a cash payment of $45 billion and a credit pledge of $335 billion-both of which essen- tially come from U.S. taxpayers, most of whom have never earned more than $50,000 a year in their lives. Should the $100 million bonus be paid to Mr. Hall this year? Assume that you are a consultant on executive compensation, and have been asked to advise members of the board of directors of Citigroup. What would you say? Remember, you should be prepared to logically convince the members of that board. Class Assignment What is your opinion? Mr. Hall has a valid contract, and he did earn a very substan- tial profit for the company at which he works. But that company has been subsidized by a cash payment of $45 billion and a credit pledge of $335 billion-both of which essen- tially come from U.S. taxpayers, most of whom have never earned more than $50,000 a year in their lives. Should the $100 million bonus be paid to Mr. Hall this year? Assume that you are a consultant on executive compensation, and have been asked to advise members of the board of directors of Citigroup. What would you say? Remember, you should be prepared to logically convince the members of that board.