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As Washington lawmakers debate as massive, $700 billion, bailout for Wall Street firms that invested in mortgages, CEOs have come under new scrutiny for their multi-million-dollar salaries, even when their companies have suffered.
The bailout plan is likely to have limits on the so-called "Golden Parachutes" for executives forced to leave.
ABC News, in collaboration with James F. Reda and Associates, complied a list of some of the companies in the headlines today and looked at just how much money some of these CEOs are taking home.
Originally posted by LowLevelMason
Well, that was disappointing. I thought this was going to be a thread about the salaries of those in congress, which were the ones who caused this mess.
Originally posted by Merriman Weir
Reading through those lists, I honestly wonder how much money a person actually needs. Perhaps I've just got simple tastes or something.
Originally posted by 44soulslayer
Jelousy is an evil mistress.
You folks hate these CEOs simple because you dont command the same respect or pay that they can.
It isnt the fault of the CEOs that they are paid this much, its institutional failure.
Reply to 44soulslayer
Originally posted by 44soulslayer
Jelousy is an evil mistress.
You folks hate these CEOs simple because you dont command the same respect or pay that they can.