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The past few weeks haven&#39;t been easy for those at the top of org charts. A November 1st profile of Bear Stearns&#39; head honcho James Cayne in &lt;i&gt;The Wall Street Journal&lt;/i&gt; alleged that, among other things, the CEO had chosen to play golf and bridge rather than look after his ailing company, and has been known to toke&amp;nbsp;on funny cigarettes from time to time. A few days earlier, following Merrill Lynch CEO Stan O&#39;Neal&#39;s resignation amid Merrill&#39;s higher-than-expected losses due to the subprime fallout, details of&amp;nbsp;that fallen chief&#39;s&amp;nbsp;personal life began to surface, including such dirty ones&amp;nbsp;as he likes to play golf alone. And last week, after Citi CEO Charles Prince was forced to kiss his job good-bye due to similar reasons, allegations that Prince&amp;nbsp;had made a few months ago&amp;nbsp;concerning very close relations between a CNBC reporter and another Citi banker began to resurface. &lt;p&gt;Today, a piece in The Deal revisited these details (and others) about Wall Street bigwigs that the financial media has recently covered, asking if journalists&amp;nbsp;have been just doing their jobs in&amp;nbsp;writing about&amp;nbsp;such details or if they&#39;ve resorted to digging up tabloid dirt purely for sensationalistic reasons. &lt;p&gt;&lt;p&gt;Meanwhile, &lt;i&gt;The New York Times&lt;/i&gt; ran an article today&amp;nbsp;about CEOs&#39; salaries, focusing on the fallen Charles Prince&#39;s $12.5 million payout that just went public (and&amp;nbsp;that pales in comparison to Stan O&#39;Neal&#39;s $161.5-million exit package).&lt;/p&gt;&lt;p&gt;And if you&#39;re wondering how these and other CEOs continue to bank such large amounts of cash even as their companies slide (or slid) into the red, a recent &lt;i&gt;New Yorker&lt;/i&gt; article sheds light on the phenomena.&amp;nbsp;This piece&amp;nbsp;not only addresses how CEOs are paid, focusing on monetary incentives tied to taking large risks,&amp;nbsp;but also&amp;nbsp;explains that these &quot;financial whizzes made bad decisions in part because that&amp;#8217;s what they were paid to do.&quot; &lt;/p&gt;&lt;p&gt;

Derek Loosvelt

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