Psst ! Wanna save some money for your organization. Lead a shareholder’s rally to accept federal bailout of a dollar. That puts a cap of $500,000 on the CEO’s salary. Easily the most profitable 1$ your company ever borrowed. Where would all the CEO’s go ?Japan, China ,India pay less than this mostly. Unless you were […]
Psst ! Wanna save some money for your organization. Lead a shareholder’s rally to accept federal bailout of a dollar. That puts a cap of $500,000 on the CEO’s salary. Easily the most profitable 1$ your company ever borrowed.
Where would all the CEO’s go ?Japan, China ,India pay less than this mostly. Unless you were the original owner of the company.
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The top starting salary at my business school used to be $125,000 (that’s for locations out of US or UK). The top guy used to be hated by all the batch as his name got splashed in the newspapers , prompting the rest of parents to ask their child-
Hey , Why does he get so much while you don’t ? ( Now he wont)
On a serious note: If so many companies are declaring losses, that they will carry over on their books,they will actually get a tax benefit for the loss, as well as the bailout money at low rates of interest. Oh well, at least the CEO wont get rich ( if you think that half a million dollars is not rich).
There is something wrong in a world where a tea stall owner ( like in the movie Slumdog Millionaire)……….Wait ! There is something strange in a world where a tea stall owner makes more money than Citigroup and General Motors .Combined. But makes a thousand times less than their boss.
Do you make more money than Bear Sterns and Lehman Brothers ? Write in and share your perspectives.