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25 Corporations Paid Their CEOs More Than Uncle Sam

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Generic Other Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-11 02:52 PM
Original message
25 Corporations Paid Their CEOs More Than Uncle Sam
Edited on Wed Aug-31-11 02:53 PM by Generic Other
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Fresh_Start Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-11 02:56 PM
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1. limit the deduction allowed for CEO compensation in all forms
make the CEO pay hit the stockholders in the pocket directly. It might make for an interesting discussion at stockholder meetings.
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-11 03:01 PM
Response to Reply #1
3. It already does and stockholders are not happy
but stockholders are not consulted on executive pay packages, the board of directors does that. Stockholders are allowed to rubber stamp that board of directors once a year.

I always vote no, although I doubt it will ever improve unless the government steps in and forces it to improve.
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lpbk2713 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-11 02:56 PM
Response to Original message
2. And Verizon poor mouths their hourly paid employees.



Cheap bastards.

I hope the Verizon workers get a good contract out of those assholes.



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Carolina Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-11 03:11 PM
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4. K&R I have spread
this far and wide. Thanks for posting
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Generic Other Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-11 03:35 PM
Response to Reply #4
5. I am thinking of making a video outing these lovely guys and their companies
Edited on Wed Aug-31-11 03:36 PM by Generic Other
I mean they are at the top of their game. They should be proud to share their dubious accomplishments with us all.
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Rex Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-11 03:37 PM
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6. What kind of welfare state do we live in again?
I would say a corporate welfare state, with scraps thrown out to the working class.
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Fumesucker Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-11 03:40 PM
Response to Original message
7. Jeffrey Immelt.. I've heard that name somewhere before....
Ahh yes, here it is..

GE, We bring good things to life... In China.

http://theeconomiccollapseblog.com/archives/ge-ceo-jeffrey-immelt-the-head-of-obamas-jobs-council-is-moving-jobs-and-economic-infrastructure-to-china-at-a-blistering-pace

Jeffrey Immelt, the head of Barack Obama's highly touted "Jobs Council", is moving even more GE infrastructure to China. GE makes more medical-imaging machines than anyone else in the world, and now GE has announced that it "is moving the headquarters of its 115-year-old X-ray business to Beijing". Apparently, this is all part of a "plan to invest about $2 billion across China" over the next few years. But moving core pieces of its business overseas is nothing new for GE. Under Immelt, GE has shipped tens of thousands of good jobs out of the United States. Perhaps GE should change its slogan to "Imagination At Work (In China)". If the very people that have been entrusted with solving the unemployment crisis are shipping jobs out of the country, what hope is there that things are going to turn around any time soon?
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