I ran into this nice little article online. It is unreal what these CEOs made last year as they steered their companies into the proverbial iceberg.
Here's just a little sample:
COMPANY: Lehman Brothers
CEO: Richard S. Fuld
2007 TOTAL COMPENSATION: $34,382,036 , (according to SEC. Source: AFL-CIO Executive PayWatch Database)
FINANCIALS: Stock closed at 14 cents on Oct. 7, down from 52-week high of $67.73.
JOBS LOST: 6,000 in '07; 1,400 in '08. Many more at risk, but Barclays deal could save 9,000 out of 25,000 jobs worldwide. Most NYC employees now expected to keep jobs.
Yeah they fly in their private jets to talk to the government for bailouts.
__________________
If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.
2 Chronicles 7:14 KJV
He hath shewed thee, O man, what is good; and what doth the LORD require of thee, but to do justly, and to love mercy, and to walk humbly with thy God? Micah 6:8 KJV
Beloved, now are we the sons of God, and it doth not yet appear what we shall be: but we know that, when he shall appear, we shall be like him; for we shall see him as he is. 1 John 3:2 KJV
I ran into this nice little article online. It is unreal what these CEOs made last year as they steered their companies into the proverbial iceberg.
Here's just a little sample:
COMPANY: Lehman Brothers
CEO: Richard S. Fuld
2007 TOTAL COMPENSATION: $34,382,036 , (according to SEC. Source: AFL-CIO Executive PayWatch Database)
FINANCIALS: Stock closed at 14 cents on Oct. 7, down from 52-week high of $67.73.
JOBS LOST: 6,000 in '07; 1,400 in '08. Many more at risk, but Barclays deal could save 9,000 out of 25,000 jobs worldwide. Most NYC employees now expected to keep jobs.
I have a major problem with that as well. Not to mention giving them bonus for their mess ups!.
__________________
Happy moments, PRAISE GOD.
Difficult moments, SEEK GOD.
Quiet moments, WORSHIP GOD.
Painful moments, TRUST GOD.
Every moment, THANK GOD.
I have a major problem with that as well. Not to mention giving them bonus for their mess ups!.
To me the insult to injury was not absolutely barring them from doing the same types of things with the bailout money. It just reeks to me of the financial equivalent of an outgoing administration handing out legal pardons.
__________________
There are no weapons of mass destruction in Iraq, Chuck Norris lives in Houston.
Either the United States will destroy ignorance, or ignorance will destroy the United States. – W.E.B. DuBois
To me the insult to injury was not absolutely barring them from doing the same types of things with the bailout money. It just reeks to me of the financial equivalent of an outgoing administration handing out legal pardons.
I have to agree with you.
__________________
Happy moments, PRAISE GOD.
Difficult moments, SEEK GOD.
Quiet moments, WORSHIP GOD.
Painful moments, TRUST GOD.
Every moment, THANK GOD.
Pardon me, I'll have to savor this moment for a while...it doesn't happen often.
J/K
lol behave. I have agreed with you a lot, just not a lot on politics.
__________________
Happy moments, PRAISE GOD.
Difficult moments, SEEK GOD.
Quiet moments, WORSHIP GOD.
Painful moments, TRUST GOD.
Every moment, THANK GOD.
To me the insult to injury was not absolutely barring them from doing the same types of things with the bailout money. It just reeks to me of the financial equivalent of an outgoing administration handing out legal pardons.
Yes, I imagine they have a few "essentials" they could sell too.
__________________
If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.
2 Chronicles 7:14 KJV
He hath shewed thee, O man, what is good; and what doth the LORD require of thee, but to do justly, and to love mercy, and to walk humbly with thy God? Micah 6:8 KJV
Beloved, now are we the sons of God, and it doth not yet appear what we shall be: but we know that, when he shall appear, we shall be like him; for we shall see him as he is. 1 John 3:2 KJV