Back in 2003, Hightower did the math on CEO pay and came up with an average of $7,452 an hour. That number was supposed to be shocking. Read it now and it barely registers, because we’ve spent two decades getting used to worse.In the June 2003 Hightower Lowdown issue below, the mechanics he lays out (the rigged boards, the SERPs, the “long-term compensation” nobody can define) are still exactly how it works. Swap in Tom Siebel’s name for whichever tech CEO is currently cutting his salary to a dollar for the headlines while cashing out stock options in the back [...]