What Type of CEO Will A Company Get For $ 500,000 A Year?

February 4 2009 | jveritas

[jveritas]

Obama announced an executive order to limit the salary for CEO of bailout companies to $ 500,000 a year. Besides that this is the scary socialism on the march the question from business perspective is what type of CEO would a company get for $ 500,000 a year? The answer to that is very simple. They will get very incompetent CEO’s who are even much more worse than the current CEO’s who are running these bailout companies.

[jveritas]

They agree with you on this one issue and they are wrong. However you are a left wing liberal and you really belong to left wing socialist forums. It does not take a genius to look at your posting story and quickly realize that you are a left wing liberal.

[longtermmemmory]

This will be the same effect as the 40 dollar voucher for a digital converter box.

ALL converterboxes inflated in price to fourty dollars OR MORE.

Thus a 20 dollar box became 60.

CEO pay will go to the “approved” price of 500,000 for ALL ceo’s because obama said so.

[longtermmemmory]

all those ceo’s who were taking $1 symbolic pay are now going to be getting a 499,999 dollar pay raise.

Does this cap apply to union bosses of companies with tarp money? (GM? Chrysler?)

[cbkaty]

I don't care for their involvement either, but these management teams have made a deal with the devil by sticking their hands into the public till.

You are correct...now go to the head of the class....! Those that choose to drink the "Federal Kool-Aid" must suffer the indigestion, nausea, and finality of Guyana bloating.