11 CEOs bust through $30M-a-year barrier

[GMDino]

(04-15-2016, 12:08 AM)JustWinBaby Wrote: And how many athletes, singers and actors made $30M+ last year?

(04-15-2016, 12:57 AM)Benton Wrote: I don't have a problem with CEOs who make $30 million. Go for it, if you can get it.

My problem is with CEOs who make $30 million (or $1 million for that matter) as part of companies that benefit from a number of loopholes, deferments and aide. Back during TARP, the top 10 CEOs receiving funds earned $240 million. That's (averaged) $24 million each to be so incredibly bad at your job that Congress has to do it for you.

Except most of these companies saw their value drop over the last year.

One example in the story showed the CEO would have seen a 16% drop in compensation...but they gave him a $17 million resigning bonus so it actually went UP 22%.

When folks ***** about big business I sometimes hear the argument that "your retirement plan must like it".  Well, according to the story, stocks and investment returns sunk while the guy with "all the responsibility" got a raise.

Welcome to business in America.