Merrill Lynch & Co Chief Executive John Thain has suggested to directors that he get a 2008 bonus of as much as $10 million
Its not unions, lower workers, etc... its idiots like this that don;t get it. When the auto ceo's flew by private jet it was not the cost that was the problem, but the idea they don;t get it. Now a CEO of a company that was saved by a merger thinks he should get 10 million for driving the company to near extinction. Its the top people like this that are causing these companies to go down. Its like having your house on fire and you getting a drink from the fridge as you don't know how long the fire dept will be. THEY JUST DON'T GET IT!!!
Oh and....
"The Associated Press identified him as the best-paid CEO in 2007, among S&P 500 companies."
WTF.. they pay him more then most over paid CEO's and he still wants more as the boat is going down.
And no this is not a article from The Onion. How sad I have to say that.
Cuomo: Merrill CEO bonus is 'shocking'
Its not unions, lower workers, etc... its idiots like this that don;t get it. When the auto ceo's flew by private jet it was not the cost that was the problem, but the idea they don;t get it. Now a CEO of a company that was saved by a merger thinks he should get 10 million for driving the company to near extinction. Its the top people like this that are causing these companies to go down. Its like having your house on fire and you getting a drink from the fridge as you don't know how long the fire dept will be. THEY JUST DON'T GET IT!!!
Oh and....
"The Associated Press identified him as the best-paid CEO in 2007, among S&P 500 companies."
WTF.. they pay him more then most over paid CEO's and he still wants more as the boat is going down.
And no this is not a article from The Onion. How sad I have to say that.
Cuomo: Merrill CEO bonus is 'shocking'