Wednesday, April 19, 2006

Obscene

By Cassandra D

No, this isn't the kind of obscene post that will get you into trouble at work. It's not pictures of people screwing, but rather another reminder of how most of us "little people" get screwed to keep CEOs rolling in more money than they could possibly use.

$150 million?

I can imagine many things I could do with a boatload of money, but I begin to run out of any but the most silly and ostentatious ideas at about $10 million. [Unless I did a Bill Gates, that is.] Why isn't former Exxon executive Lee Raymond embarrassed about his pay-off? Do you think CEOs today actually believe that they in some way deserve gargantuan paychecks?

With the escalating prices of gas and US government subsidies of oil companies, I find it hard to stomach the Lee Raymonds of the world and the corporate boards who fund them.

2 Comments:

At 10:18 PM, Anonymous Brett said...

I think many CEO's believe they deserve their compensation packages. The combination of enormous ego, astronomical arrogance and a truly massive dose of the conviction that they really are the most important beings on the planet makes the self-delusion part pretty easy.

 
At 10:41 PM, Anonymous flamewhore said...

That cash can be quite handy if one is out lobbying our politicians.

 

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