What's wrong with the following statement?
"CEO's pay drops 98%" - nothing, right?
Wrong. Allow me to finish... "to $1.11 million... down from $70.3 million a year earlier."
Want to know the name of this very poor CEO? It's none other than Lloyd Blankenfein of Goldman Sachs.
GS, by the way, is a public company. Kudos to him for not robbing shareholders more than they have already been destroyed by the collective actions of GS and its cohorts. Want to bet his salary plays catch up in the coming years? We have a deal: 98% of your salary.
Source: here.
No comments:
Post a Comment