Posted by Sigismund on September 29, 2008, at 21:34:55
In reply to Re: Oops-- there goes the economy..., posted by Toph on September 29, 2008, at 18:21:28
There's a figure been mentioned which is something like the sum of all the salaries in the last year paid to CEOs of companies that have gone under.
It was a lot, as you can imagine. I was going to say 3 trillion, which HAS to be wrong, so it must be a few billion.The head of Telstra here was given a bonus of $40,000,000 last year. The argument was that if you wanted decent CEOs, you had to pay them. Then someone found out that the head of the Japanese equivalent (but twice the size) received $325,000 pa.
I'd make a bet that he lives in a relatively modest old house too.
poster:Sigismund
thread:854180
URL: http://www.dr-bob.org/babble/poli/20080728/msgs/854860.html