I'm no expert on this subject. However, someone in my circle of friends is one of those 4200. He explained to me that (in essence) what his company does, is to buy up other companies, and if they don't make enough dough - or even if they do - asset strip them and sell them off for a huge profit - from which those at the top get paid huge bonuses. He was quite honest about it. Still, as you say, he earned the money for the company, so he deserves it. (Ps - he doesn't live in ED. Get real.)