Blue Cross and Blue Shield executives should be on this list.
Raines was fired for bungling (cooking?) Fannie Mae's books when billion dollar accounting irregularities werre uncovered.
Clinton-era appointee Raines gets a $26 million tax paid parachute — not counting a monthly pension of $116,300 for life. He owns options giving him $5.8 million in net profit plus another $8.7 million in deferred compensation......has already collected $4.87 million in special performance shares....keeps $5 million paid-up life insurance.
Mr/Mrs get free med/dental benefits for life, worth over $1 million. Raines earned $20 million in salary, bonuses and stock awards last year ......says he's entitled to paychecks til next June 22 adding another $600,000, which triggers a $2,000 monthly raise in his lifetime pension......also lays claim to disputed options with a gross value of about $5.6 million ......wants F/M to match his charitable contributions by $10,000 a year.