Free Republic

by Mark Finkelstein April 20, 2006 On the heels of MSM outrage at the retirement package granted to Exxon/Mobil CEO Lee Raymond, Good Morning America was back at the class-warfare ramparts this morning with a new target in its sights, Dr. William McGuire, head of United Health Group. As the result of share prices that have increased over 7,000 percent, stock options granted McGuire are currently worth in excess of $1 billion. ABC reporter Dan Harris narrated the segment, and GMA set the tone with its title - "You Must be Kidding!" But there was no joking about the class-warfare...

NEW YORK (Reuters) - Never one to back away from confrontation while head of ExxonMobil Corp. for more than 13 years, Lee Raymond showed few signs of mellowing in retirement in his first public appearance following the controversy that erupted with the disclosure of his multimillion-dollar retirement package. In a 90-minute talk at Columbia University on Tuesday evening, Raymond was unrepentant for any past decisions he had made and he blasted politicians, the U.S. car industry, Wall Street, environmentalists and other critics of the oil industry for what he said was their failure to understand the nature of the energy...