Monday, July 02, 2007

Greed

"The more we pay people, the less they want to pay for anything," Nell Minow.

Vide
  • Alan Mullaly was paid $28,200,000 by Ford last year. His wife, children and guests can fly on the company planes even though Alan is not with them.
  • AIG paid Martin Sullian $21,200,000 last year. His pay included $257,498 for personal use of company aircraft.
  • Dell provides medical checkups for senior officers and spouses. The checkups are worth $5,000.
  • Rockwell Automations paid for 'leisure activities' for spouses of officers and directors at board retreats.
  • Occidental paid Ray Irani $416,300,000 in 2006. $61000 of that was to cover the cost of bringing his wife along on trips.
  • Of course, all of these expenses are reimbursed plus the tax gross-ups.

2 comments:

Flimsy Sanity said...

And they usually want illegals to babysit their kids and do the lawnwork so they don't have to pay minimum wage and social security. Trickle down does not happen.

Nell Minow said...

Thanks for the quote!