If GM was fabulously successful, then OK. But no way should a company near bankruptcy be paying it's CEOs that kind of money.
In the NBA, it's pay for play. If you suck, you don't make as much. In the Auto industry, if you suck, you make just as much. The NBA is profitable, the Auto industry isn't. ************************************************* Barack Obama is not My President http://www.cafepress.com/rightwingmike --- On Wed, 11/19/08, Kristyne McDaniel <[EMAIL PROTECTED]> wrote: > From: Kristyne McDaniel <[EMAIL PROTECTED]> > Subject: RE: [OT] You just can't make this stuff up > To: "'ProFox Email List'" <[email protected]> > Date: Wednesday, November 19, 2008, 3:13 PM > Ed, > > > Here's another tidbit to chew on: the *total* > compensation for > > Toyota's CEO is less than one million dollars. > Contrast that to GM's > > Wagoner, who, during 2007 when the firm suffered > all-time record > > losses, got a 64% raise to over $14 million! > > Exactly. The folks at the high end of the pay scale tend to > lose touch with > what the rest of us do and how we live. They think $20K for > a flight is no > big deal. They think they are underpaid if they only get > $5M per year. > > This stuff pervades our entire economy. Is a top movie star > really worth > $30M for one movie? Is an NBA star really worth what they > get? Should people > really pay over $1000 for a ticket to see a game in a good > seat? The numbers > are completely unreal. > > Kristyne McDaniel > http://www.kristynemcdaniel.com/blog > http://www.emryldadvantage.com/ > http://www.mcstyles.com/ > > Whether you think you can, or you think you can't.... > you are right. > -- Henry Ford > > > > _______________________________________________ > Post Messages to: [email protected] > Subscription Maintenance: > http://leafe.com/mailman/listinfo/profox > OT-free version of this list: > http://leafe.com/mailman/listinfo/profoxtech > Searchable Archive: http://leafe.com/archives/search/profox > This message: > http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] > ** All postings, unless explicitly stated otherwise, are > the opinions of the author, and do not constitute legal or > medical advice. This statement is added to the messages for > those lawyers who are too stupid to see the obvious. _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
