Ditto..wrong category.
For what its worth...your scenario is complete folly and exist only in the mind of the someone who is totally ignorant of economics.
I pray your faith be restored.
2007-04-02 01:43:07
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answer #1
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answered by Bad Samaritan 4
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According to Forbes.com, the highest paid CEO is Richard D Fairbank with a total compensation of $249.42M ($249,420,000)
He has been the CEO of Capital One Financial for 12 years and with the company for 18.
His salary is $0.70M ($70,000)
Bonuses $1.42M ($1,420,000)
Other $0.53M ($530,000)
Stock gains $0.75M ($750,000)
Total Income: $2,770,000
Difference in income & compensation: $246,650,000 (Which we can assume comes from sale of stock.
With an income of $ 2,770,000, the first year's interest is $979,195. Income: $ 3,749,195
Second year $1,136,006.10 Income: $ 4,885,201.10
Third year $1,233,513.3 $ 6,118,714.40
Fourth year $1,235,980.32 $ 7,354,694.72
Fifth year $1,114,236.24 $ 8,468,930.96
BTW, what is www.MyDotOfi.com? There's nothing there but the sponser's ads. Looks like you need a web designer as well as a CEO.
I'm not a Catholic, I'm a Methodist, and God doesn't have anything to do with finances. That was just rude and unnecessary. And the only way you would win in court was if you are in another country besides the USA.
2007-04-05 10:58:36
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answer #2
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answered by gawillow 2
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Its not complicated to state the simple fact that 90% of CEO's today are over payed and under perform.
As far as your scenario goes its flawed and any answer given will be strictly hypothetical with very little factual numbers to be based on.
2007-04-02 03:40:29
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answer #3
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answered by Anonymous
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You're right ... silly question.
The answer is the president of the united states but I can't give you the actual figures because it's classified information. And you know what happens when classified information leaks! ;)
2007-04-02 07:29:19
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answer #4
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answered by Anonymous
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$12,343,562.12 and a half. + or - 12 tribbles, but who really cares anyways, the CEO will end up in jail, just like you.
2007-04-05 09:07:42
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answer #5
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answered by Someone who cares 7
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What does THAT have to do with THAT and my beliefs have to do with THAT --or this catagory-
2007-04-02 03:39:13
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answer #7
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answered by ARTmom 7
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