I gotta' get me a job like this!

[flamin lib]

Can you imagine hiring a fellow as CEO and paying him a salary of $1,000,000, bonuses of $13 Million, deferred compensation of $11.2 million and stock options valued at another $6 Million? That’s a lot of money for his last full year of employment! Would you be upset if, between 2003 and 2007, he couldn’t increase the stock value of one of the largest banks in the world? Would you be a bit angry if Japan closed all your branches and kicked your corporation out of the country? Wouldn’t it tick you off just a bit if the bank lost $6 Billion in 2006 and another $10 Billion so far this year? Would your blood pressure peak if the stock value fell 20% before the second set of losses was announced? If you had to face the 17,000 bank employees who lost their jobs in lay-offs wouldn’t you be just a bit peeved?

What would you do with a guy like this?

Citigroup paid him $40,000,000 in severance.

Sometimes there just aren’t words . . .

http://www.nytimes.com/2007/11/05/business/05citi-web.html?ex=1351918800&en=f4cf4cd408146c2e&ei=5088&partner=rssnyt&emc=rss

[Buns_of_Fire]

1. Job, hell, I want him to ADOPT me! (n/t)