Comments on: For the rest of his life… http://www.footnoted.com/my-big-fat-deal/for-the-rest-of-his-life/ Morningstar's guide to what's hiding in SEC filings Sat, 04 Feb 2012 00:16:39 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Neil http://www.footnoted.com/my-big-fat-deal/for-the-rest-of-his-life/comment-page-1/#comment-492 Neil Mon, 05 Jun 2006 08:09:07 +0000 http://www.footnoted.com/for-the-rest-of-his-life/#comment-492 Wow, now that's outrageous executive compensation. Great site, I just found it via Technorati. Very cool accounting-related niche! Wow, now that’s outrageous executive compensation.

Great site, I just found it via Technorati. Very cool accounting-related niche!

]]> By: Phineasfolly http://www.footnoted.com/my-big-fat-deal/for-the-rest-of-his-life/comment-page-1/#comment-489 Phineasfolly Fri, 02 Jun 2006 18:25:04 +0000 http://www.footnoted.com/for-the-rest-of-his-life/#comment-489 Have you ever done an article on CEO's that are paid in the bottom quartile in the compensation committee work? Have reviewed 40 reports in the past month and have typically only noticed that the target is 2nd or 3rd but we paid him in the 4th quartile this quarter. The only exception to this is Warren Buffett who makes less than his administrative assistant. But he has a few $ in the bank. Have you ever done an article on CEO’s that are paid in the bottom quartile in the compensation committee work? Have reviewed 40 reports in the past month and have typically only noticed that the target is 2nd or 3rd but we paid him in the 4th quartile this quarter.

The only exception to this is Warren Buffett who makes less than his administrative assistant. But he has a few $ in the bank.

]]> By: Regret http://www.footnoted.com/my-big-fat-deal/for-the-rest-of-his-life/comment-page-1/#comment-487 Regret Thu, 01 Jun 2006 22:20:22 +0000 http://www.footnoted.com/for-the-rest-of-his-life/#comment-487 And a guy like this has got to have a (second? third?) wife who's 25. And a guy like this has got to have a (second? third?) wife who’s 25.

]]> By: Brad Weiner http://www.footnoted.com/my-big-fat-deal/for-the-rest-of-his-life/comment-page-1/#comment-486 Brad Weiner Thu, 01 Jun 2006 21:55:50 +0000 http://www.footnoted.com/for-the-rest-of-his-life/#comment-486 What's the chance that he's being paid to keep his mouth shut concerning some aspect of the bribery allegation that will cost the company mucho bucks? It's unfortunate but when given a choice, many companies would rather pay for silence then forcing an executive to take responsibility for their actions and face the music. One national known company that I worked for, decided to accept whatever money their controller had left after he stole a few million from the company. I guess they figured that the threat of having him arrested would be enough to convince him to turn over the money. Too bad that he didn't have anything left because rumor has it, that it all went up his nose. And the only reason that the police got involved was because the controller committed suicide. What’s the chance that he’s being paid to keep his mouth shut concerning some aspect of the bribery allegation that will cost the company mucho bucks?

It’s unfortunate but when given a choice, many companies would rather pay for silence then forcing an executive to take responsibility for their actions and face the music.

One national known company that I worked for, decided to accept whatever money their controller had left after he stole a few million from the company. I guess they figured that the threat of having him arrested would be enough to convince him to turn over the money. Too bad that he didn’t have anything left because rumor has it, that it all went up his nose. And the only reason that the police got involved was because the controller committed suicide.

]]> By: Dinesh http://www.footnoted.com/my-big-fat-deal/for-the-rest-of-his-life/comment-page-1/#comment-483 Dinesh Thu, 01 Jun 2006 19:46:48 +0000 http://www.footnoted.com/for-the-rest-of-his-life/#comment-483 I cannot believe. Why on earth company may agree to such kind of payments? I wish I can get job there. I am in my early 30s, will work for next 15 years and will retire happily after.......Can anyone help me;) I cannot believe.
Why on earth company may agree to such kind of payments?

I wish I can get job there. I am in my early 30s, will work for next 15 years and will retire happily after…….Can anyone help me;)

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