It's good to be CEOs
Merril Lynch did a $8.4 billion write down last week. OK, so what a good board to do? They are in the process of kicking the CEO out, but not without his golden parachute estimated at $195 million dollars.
That's pretty awesome isn't it. You can screw up pretty badly and still be 'rewarded' for getting things so wrong.
IHT has more information on this.
That's pretty awesome isn't it. You can screw up pretty badly and still be 'rewarded' for getting things so wrong.
IHT has more information on this.
posted by Dody G. at 8:14 AM
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