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There is something weird here - it seems to defy logic to me:

Companies are failing because of the actions of management. Yet they are offering more incentives to keep these people, fearing they might leave for a better offer.

Uh, we are in a recession, bordering on a depression. Unemployment is increasing as companies fail &/or cut employees. The job market for overpaid failures is shrinking every day.

Who, beyond the Obama admin., are gonna be stealing away these champions of profit & solvency.

I'll bet the job offers are just poring in to the CEOs & upper mgmt. of GM, Chrysler, CITI, AIG, banks, mortgage companies, etc. NOT!!!

“I see on your resume here Mr. Applicant, that you nearly bankrupted the company you previously ran, & it is now 40% owned by the gov’t. You're hired - you're just the guy we need! I'm sure the stockholders will be thrilled you are our new CEO.” - only in bizarro world, which is the direction we seem to be heading.

I am just a regular employee at a large bank. They gave 4 sets of stock options to every employee over the last decade. I was smart enough to cash in 3 of my options and make about $4000 doing it. I cashed in a total of 450 stock options. I still have 150 stock options that are hopelessly under water. Some in my group have not cashed any options and they now hold 600 shares of options that are hopelessly under water.

Just telling you this because not all options have gone to the big wigs in companies. Some are held by $20,000 a year clerks.