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What Type of CEO Will A Company Get For $ 500,000 A Year?
February 4 2009 | jveritas

Posted on 02/04/2009 10:17:39 AM PST by 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.


TOPICS: Business/Economy
KEYWORDS: bailout; fatcats; needlessvanity; wallstcrooks
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1 posted on 02/04/2009 10:17:39 AM PST by jveritas
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To: jveritas

$500k is not worth the government bs you would have to put up with.


2 posted on 02/04/2009 10:18:34 AM PST by mnehring
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To: jveritas

Well hell, I’ll do it.


3 posted on 02/04/2009 10:18:37 AM PST by from occupied ga (Your most dangerous enemy is your own government,)
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To: jveritas

A democrat who knows how to get paid through the back door.


4 posted on 02/04/2009 10:19:15 AM PST by scottinoc ("Katie, you're not the center of everyone's universe."-Gov Palin)
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To: jveritas

If I made decisions based on a ouiji board I’d do better than the GM execs


5 posted on 02/04/2009 10:19:52 AM PST by from occupied ga (Your most dangerous enemy is your own government,)
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To: jveritas
I volunteer.

But I also want stock options and a golden parachute.

6 posted on 02/04/2009 10:20:18 AM PST by Just another Joe (Warning: FReeping can be addictive and helpful to your mental health)
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To: jveritas

Where in general I am a “whatever the market will bear” kind of guy, I am behind limiting of base salaries for failing companies - though I would like to see performance-based incentives that would allow these folks to increase earnings based on actual performance.


7 posted on 02/04/2009 10:20:32 AM PST by AbeKrieger (Clomppity clomp.)
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To: jveritas

LOL! Funny how other companies do quite well with CEOs who are less compensated. In fact, there seems to be an inverse relationship.

While I don’t like the government dictatng this, the shareholders should have been doing so...but boards have been playing quid pro quo and artificially raising officer wages and benefits far above performance.


8 posted on 02/04/2009 10:20:55 AM PST by Gondring (Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
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To: jveritas
The same "type" that is just about equal in business skills to obammer's skills in running this country.

Ahhh, a match made in heaven!

9 posted on 02/04/2009 10:21:13 AM PST by Logic n' Reason (Welcome, one and all, to the islamo-muslim states of obammica!)
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To: jveritas
What Type of CEO Will A Company Get For $ 500,000 A Year?

Considering that we are now painfully aware of what kind of CEO a company can get for $100 million a year I can only assume the firms will get someone better that one of these detestable perfumed princes who have now totally hosed our economy with their half-assed ideas.

10 posted on 02/04/2009 10:21:20 AM PST by MahatmaGandu (Remember, remember, the twenty-sixth of November.)
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To: from occupied ga

Given the quality of a great many CEOs out there today and the fact they only know how to oursource, 500K is probably plenty.


11 posted on 02/04/2009 10:22:44 AM PST by DonaldC
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To: jveritas
"You get what you pay for!" ....Soupy Sales!
12 posted on 02/04/2009 10:22:54 AM PST by Logic n' Reason (Welcome, one and all, to the islamo-muslim states of obammica!)
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To: mnehrling
$500K wouldn't even buy a Senators job in Illinois.....

BWAHAHAHAHAHAHAHA

13 posted on 02/04/2009 10:23:28 AM PST by cbkaty (I may not always post...but I am always here......)
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To: AbeKrieger
Where in general I am a “whatever the market will bear” kind of guy, I am behind limiting of base salaries for failing companies - though I would like to see performance-based incentives that would allow these folks to increase earnings based on actual performance.

And you want the government making those decisions? Wow.

14 posted on 02/04/2009 10:24:01 AM PST by xjcsa (And these three remain: change, hope and government. But the greatest of these is government.)
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To: jveritas
what type of CEO would a company get for $ 500,000 a year

Hello ... I'm from the government and I'm here to help you ...

15 posted on 02/04/2009 10:24:32 AM PST by clamper1797 (Obummer ... "Change ... for the worst")
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Comment #16 Removed by Moderator

To: MahatmaGandu

It was not the “purfumed princes” as you call them, that created this mess. This mess belongs SQUARELY with the Dems attempts to implement their socialist agenda via “affordable mortgages” that FORCED banks (through the threat of lawsuits) to make loans without consideration if the individual could repay them.

Don’t blame Wall Street when it is Congress’s fault


17 posted on 02/04/2009 10:24:57 AM PST by taxcontrol
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To: jveritas
My cousin owned 6 KFC stores and made more than that per year and that was 20 years ago.

Keeping the stores staffed and trained and covering for those who decided not to show up for work whenever they felt like it ruined his health.

18 posted on 02/04/2009 10:25:57 AM PST by N. Theknow (Kennedys: Can't fly, can't ski, can't drive, can't skipper a boat. But they know what's best.)
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To: jveritas

Hey, if you want welfare you have to qualify and then follow some rules. If you don’t like the rules, you reject the welfare.


19 posted on 02/04/2009 10:26:06 AM PST by edweena
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To: jveritas

Government should reduce

opportunity for BAD GUYS,

not limit OPPORTUNITY.

That is all.


20 posted on 02/04/2009 10:26:10 AM PST by The Spirit Of Allegiance (Public Employees: Honor Your Oaths! Defend the Constitution from Enemies--Foreign and Domestic!)
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