CEO's Testifying On the Hill
Hmmmmm... Wow...... Do you mean to tell me those 'cats' make all that money just to make rotten decisions? And then after doing so, retire with 10's, even hundreds of millions of dollars?
I'll never understand WHY companys, even extremely successful ones need to pay "one person" all that money, just for 'whatever' leadership skills they are thought to have.
The CEO of Costco makes in the neighborhood of $400,000 per year. In its market, Costco does pretty well and, that pay is reasonable, or atleast to most Americans. Now, former CEO's of Merryl Lynch and the current CEO of Countrywide,....come on! These guys are making and have made 10 times what the Costco guy makes per year, EVERY YEAR and they havent even made any money for the company.
Its good to be a CEO.
I'll never understand WHY companys, even extremely successful ones need to pay "one person" all that money, just for 'whatever' leadership skills they are thought to have.
The CEO of Costco makes in the neighborhood of $400,000 per year. In its market, Costco does pretty well and, that pay is reasonable, or atleast to most Americans. Now, former CEO's of Merryl Lynch and the current CEO of Countrywide,....come on! These guys are making and have made 10 times what the Costco guy makes per year, EVERY YEAR and they havent even made any money for the company.
Its good to be a CEO.
posted by John Adefope at
6:40 AM
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