A new report concludes that chief executives of the 50 firms that have laid off the most workers since the onset of the economic crisis in 2008 took home 42 percent more pay in 2009 than their peers at other large U.S. companies.

Yay!

“We often find CEOs are simply taking action in the face of an economic crisis to reduce expenses," he said. "The thinking is that, in the future the company’s productivity will increase (and) that it will ultimately perform more efficiently, and this usually garners a positive reaction on Wall Street.”

I can think of a way to reduce expenses even more...