What Recession? CEO pay goes up 24%!

[n2doc]

AP IMPACT: CEO pay exceeds pre-recession level
RACHEL BECK, AP Business Writer
Updated 05:56 a.m., Friday, May 6, 2011

NEW YORK (AP) — In the boardroom, it's as if the Great Recession never happened.

CEOs at the nation's largest companies were paid better last year than they were in 2007, when the economy was booming, the stock market set a record high and unemployment was roughly half what it is today.

The typical pay package for the head of a company in the Standard & Poor's 500 was $9 million in 2010, according to an analysis by The Associated Press using data provided by Equilar, an executive compensation research firm. That was 24 percent higher than a year earlier, reversing two years of declines.

Executives were showered with more pay of all types — salaries, bonuses, stock, options and perks. The biggest gains came in cash bonuses: Two-thirds of executives got a bigger one than they had in 2009, some more than three times as big.


Read more: http://www.seattlepi.com/news/article/AP-IMPACT-CEO-pay-exceeds-pre-recession-level-1368547.php#ixzz1LaTWO15U

Pics of your Galtian Masters here:
http://www.google.com/hostednews/ap/article/ALeqM5idK12xk6O-kw2O_OkQlDtQjtTvqA?docId=bfc40d3b4164412fbfd8543c376344ce

[fascisthunter]

1. and they wonder why Americans can't stand them

clueless sociopaths

[90-percent]

2. My hope for the near future

Is the time when these greedy fucks start wondering why their gated communities are being bulldozed down by an angry vigilante population that has simply had it with the misery these fuckers cause.

When they deliberately create this much MASS HOPELESSNESS, some of the hopeless are still smart enough to hunt down the fuckers that ruined their lives and inflict retribution on them.

-90% Jimmy

[LatteLibertine]

3. And while we're babbling about OBL

the GOP is working hard to delay the Dodd-Frank reform. Gotta keep the Wall Street casinos going full steam. The next "crisis" is going to make the last look like nothing.

[RKP5637]

5. Yep, they're using OBL as a distraction. Exactly, the next "crisis" is coming and

it is "going to make the last look like nothing." My only hope for the future is that these greedy assholes start jumping out of windows like in the great depression.

Many have said the US economy has to fully crash before anything will ever get better. Sadly, I think there is a lot of truth to that. These greedy assholes have a good game going and they own the gov., nothing is going to "really" change on the present course.

Who really thinks anything is going to change without a major financial catastrophe. Many humans by nature, sadly, only react to catastrophes. And even then sometimes nothing gets better.

[JohnnyRingo]

4. Give those CEOs a tax cut!

If their pays increases another 2% they will begin hiring en masse. It says so in the Reagan Handbook.

[Initech]

6. It's only a recession if you aren't one of the privileged few.

[cbdo2007]

7. That's all??!?! Most stocks I've bought since there are up over 200%