1.Corporate executives are not the only people to earn fabulous salaries. Some athletes earn even…

1.Corporate executives are not the only people to earn
fabulous salaries. Some athletes earn even more than CEOs. What is the
difference between athletes and executives (besides a hook shot)?

2. For several years, CSK Auto, Inc., fraudulently reported
inflated earnings. During this period, Maynard Jenkins was CEO. He was not
involved in the fraud, however, and was never charged with a crime.
Nonetheless, the SEC sought to clawback some of his earnings during this
period. Is Jenkins financially responsible for fraud that occurred on his
watch, even though he did not participate? Should he be liable?

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