http://biz.yahoo.com/rb/070407/occidentalpetroleum_pay.html?.v=8
"Occidental CEO got more than $400 million in 2006
CHICAGO (Reuters) - Occidental Petroleum Corp.'s chairman and chief executive took in more than $400 million in compensation last year, the company said in a filing, one of the biggest single-year payouts in U.S. corporate history"
400,000,000 / 50,000 = 8,000
Wow, yearly compensation that's ONLY 8,000 times the avg. paycheck, I'm SURE he earned it.
2007-04-08 07:30:59 · 17 answers · asked by Nick F 6 in Politics & Government ➔ Politics
the term is 'robber barron.'
we need a very strong president like teddy roosevelt to break up these obscene corporations.
i don't see anyone like that on the horizon...
2007-04-08 07:32:47 · answer #1 · answered by nostradamus02012 7 · 2⤊ 1⤋
How many gallons of gas did they sell?? If it was anywhere near 300 million he could give us all a buck off and still make a cool 100 million in a year
2007-04-08 07:44:16 · answer #2 · answered by Anonymous · 1⤊ 1⤋
8000
2007-04-08 07:36:18 · answer #3 · answered by alymae1995 2 · 0⤊ 2⤋
I liked Ford's New Boss getting $28M for 4 months work.
Well actually 3 months they gave him a month to transition from his old job.
Meanwhile they claim they are going Bankrupt and can't pay stockholders.
Go big plutocrats Go
2007-04-08 07:38:26 · answer #4 · answered by Anonymous · 1⤊ 1⤋
All in the interest of making the stockholders happy. That's a good reason not to invest in a company. Mishandling of funds.
2007-04-08 07:36:17 · answer #5 · answered by BekindtoAnimals22 7 · 0⤊ 1⤋
Yes, in other words, there could be 7,999 people that could be making atleat $50,000 MORE per year just by that ONE GUYS salary.
2007-04-08 07:49:05 · answer #6 · answered by Anonymous · 1⤊ 1⤋
Oh yes Im sure he did. As I am sure that he isnt lazy or fat and that he didnt go acting like the world owes him.
2007-04-08 07:47:04 · answer #7 · answered by Anonymous · 1⤊ 1⤋
Nothing is stopping you from being the CEO of any company.
Go forth and make some money, you can't do it sitting behind your computer.
2007-04-08 07:41:31 · answer #8 · answered by Bubba 6 · 0⤊ 3⤋
8,000
don't you live in the year 2007 git a calculator asap unless you stupidly don't know how many zero's lol! :)
2007-04-08 07:37:54 · answer #9 · answered by new york cutie 2 · 0⤊ 2⤋
Well, knowing that it went to a 'good cause' I really don't mind that petrol is $2.75/gallon....
2007-04-08 07:34:34 · answer #10 · answered by Sylvie M 3 · 1⤊ 1⤋