Awww, the Poor Bastards...

[ellyssian]

It seems the median pay package for CEO's of the S&P 500 has dropped to a mere $7.6 million dollars.

Whatever are they going to do with such meager compensation for their efforts?

Article here.

~ ~ ~

For the record, as the owner of a company, I do think the folks running the show should be paid more than the workers. However, I also think that things would go a lot nicer all around if a wee little bit of fiscal restraint was shown. I don't think a hard and fast rule ~ "the highest compensation is no more than twice the lowest compensation" or something ~ would be a good thing to legislate, but something like that might be a good thing to follow in spirit.

Comments

[blood-of-winter.livejournal.com]

Agreed. I always said that if I ever owned a successful company (which i wont) I would never be one of those CEOs who would have like a few houses all over the world and a dozen luxury cars while my employees couldnt even pay for medicine or provide for their families. It's inexcusable

[ellyssian.livejournal.com]

Yes.

And, for the record, I don't really want a few houses all over the world. Although I still do hope, one day, to buy the state of Maine. It would make a nice summer home, and a perfect wildlife sanctuary. =)

[blood-of-winter.livejournal.com]

o0o0o can we come live there? I'd have to bring my mom too - because she wants to live there (or Vermont)

[ellyssian.livejournal.com]

Well, you could certainly visit... but, after all, it is only 21,384,960 acres, so there's really not that much room for others to live there. I'm sure, however, that, at that point, I might be able to exert some influence on Vermont, and maybe annex it, and I could turn it over to you. That would give you 6,156,800 acres for your mom. =)

[d2leddy.livejournal.com]

"We've lost all but two of our mansions!"

**sob**

**wail**

[ellyssian.livejournal.com]

Ain't it a cryin' shame?