11 November 2008
1 day = 1 year
Wagoner, the CEO of the mostly poorly-run company in the country, made nearly 40 grand every day (including weekends) last year. It's hard to imagine. In a single Saturday at the golf course, he makes what I get in an entire year. The first step these bankrupt companies should take is to fire their CEOs and hire a competent manager at a 100th the price.
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1 comment:
That's pretty sad, really. Way too much money for running a company into the ground.
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