Okay, so $3,700,000 won't get you to the moon, but it got a lot of CEOs wherever they wanted to go.
The chart to the left is from the Washington Post analysis of perquisites given to the CEOs of the twenty-nine largest public financial companies that we bailed out. The bailed-out increased their perquisites by 4% in 2008; other Fortune 100 companies decreased their perquisites by 7%.
Two particularly egregious examples, as shown here, are GMAC, which gave their CEO $2,500,000 to help pay his taxes, and Comerica, which paid the boss' country club $200,000 for initiation fees and dues.
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