Then there was 2008-9 as I watched GE stock drop from $40 down to $5. Then I looked at my proxy package and saw that the top 7 executives were all paid between $11 and $22million during the years in question. Grrrr.
If you’re looking at the 2008, 09 time frame, you’re lucky it was still $5.00. That was a time when many businesses and not a few corporations when belly up.
It was the most turbulent time since the Great Depression. It was so much so that I reference it as another Depression. In some ways, we still haven’t recovered. Jobs is the telling key-note way IMO.
Not trying to trash you here, but executive salaries are figured in with your $40 dollars, and with your $5 dollars.
I’m thinking these guys worked their asses off facing some very difficult problems during that time frame.
I do not look at other people’s salaries, property, belongings and get jealous or angry.
I look at them and am happy for them.
I do ok.