What's 400 million divided by 50 thousand?
"Occidental CEO got more than $400 million in 2006
CHICAGO (Reuters) - Occidental Petroleum Corp.'s chairman and chief executive took in more than $400 million in compensation last year, the company said in a filing, one of the biggest single-year payouts in U.S. corporate history"
400,000,000 / 50,000 = 8,000
Wow, yearly compensation that's ONLY 8,000 times the avg. paycheck, I'm SURE he earned it.
the term is 'robber barron.'
we need a very strong president like teddy roosevelt to break up these obscene corporations.
i don't see anyone like that on the horizon...
This stuff doesn't go on in Japan and Germany.
8000 don't you have calculator???
OMG NO WAY and yes its 8.000. i cant beleive that HA!
Well, knowing that it went to a 'good cause' I really don't mind that petrol is $2.75/gallon.
its not hard to do the math
All in the interest of making the stockholders happy. That's a good reason not to invest in a company. Mishandling of funds.
don't you live in the year 2007 git a calculator asap unless you stupidly don't know how many zero's lol! :)
I liked Ford's New Boss getting $28M for 4 months work.
Well actually 3 months they gave him a month to transition from his old job.
Meanwhile they claim they are going Bankrupt and can't pay stockholders.
Go big plutocrats Go
I want his job
Why ask, if you knew the answer?.
Nothing is stopping you from being the CEO of any company.
Go forth and make some money, you can't do it sitting behind your computer.
How many gallons of gas did they sell?? If it was anywhere near 300 million he could give us all a buck off and still make a cool 100 million in a year
Oh yes Im sure he did. As I am sure that he isnt lazy or fat and that he didnt go acting like the world owes him.
Yes, in other words, there could be 7,999 people that could be making atleat $50,000 MORE per year just by that ONE GUYS salary.
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