Executive Pay
February 6th, 2009
Other than being in the skin trade, it seems CEO is the only other job in America where it pays to suck. Investors lay crippled under tumbling stock prices and the rank and file are being laid off en masse. Yet many corporate executives are making more money than a corn dog salesman at Lilith Fair.
The outrage of struggling Americans has finally reached its zenith. Whether or not pay caps on executive cash compensation will have their intended effect, Obama’s Administration is hoping it will lessen the sting of reality’s unforgiving bite on the working class.
|
$10.5M
|
Average compensation for CEOs in 2007. That is 344 times the average American ($30,523)…before they were laid off. |
I’ve got my family to feed.
 |
|
|
Former NBA All-Star and world renowned economist Latrell Sprewell, turning down a three-year, $21 million contract extension.
|
 |
Exactly what type of condiments do you use on a gold bar sandwich?
 |
casuistry [kazh-oo-uh-stree]
|
noun. 1. deceptive, or oversubtle reasoning, especially in questions of morality. 2. delusional 3. seeing your former employees delivering pizzas to make ends meet while passing them in your Maybach Landaulet.
28M people used food stamps in 2008. That is the largest number since the program started in 1964.
The Supersuckers
| John Mack, Morgan Stanley CEO, earned $41.7M; $3.61B 4QTR loss |
| John Thain, Merrill Lynch CEO , earned $83M; $9.8B 4QTR loss |
| Rick Wagoner, General Motors CEO, earned $15.7M; $39B 2007 loss |
| Eddie Spaghetti – lead singer, bassist |
 |
There is not a general in military history that would lead his troops into battle, watch them get slaughtered due to his poor strategy, and then report to his superiors expecting a medal. But give the guy a corner office… |
loading...
