Monday, July 28, 2008

CEO Madness

Check out this chart listing the 100 highest paid executives.

Note that number two raked in over 25 million dollars while running a company with $19 million in profits.


"Hi! I got stinking rich while causing the value of your retirement savings to collapse!"

Numbers six and seven are the CEOs of Fannie Mae and Freddie Mac collecting over $14 million each while losing $2 billion and $3.1 billion respectively. Closer examination shows that ten of the 100 top-paid executives worked for these two companies.

Looking at the amount all these people get paid makes me really angry because I know that there are hundreds if not thousands of workers under each of these people that are getting screwed one way or another and in many cases (like the health related and financial companies) there are millions of Americans being bankrupted or left destitute due to their practices. When the revolution comes their gated communities will not keep them safe.