The AIG's of the music world – are orchestra conductors and musicians overpaid?

We usually only hear about how much orchestra musicians and their Music Directors are compensated when an orchestra is at odds with its management or the orchestra is operating in the red and in danger of cutting its season or closing its doors. With the downturn in the economy, a recent piece in the Chicago Tribune explores whether the time is ripe for a new business plan including aligning musician salaries with market rates and capping soloist and conductor fees to ensure the orchestra is investing wisely. Since orchestras receive public funds, it seems to me more transparency and accountability may be required during this recession. What do you think?

I should mention that just this weekend, the Chicago Tribune reported that the CSO musicians accepted a salary cut as part of an institution-wide budget cut.