Greed

This here is a list of the 20 highest paid CEOs.

1. Larry Ellison, Oracle (US$192 million)
2. Frederic M Poses, Trane (US$127 million)
3. Aubrey K McClendon, Chesapeake Energy (US$117 million)
4. Angelo R Mozilo, Countrywide Financial (US$103 million)
5. Howard D Schultz, Starbucks (US$98.6 million)
6. Nabeel Gareeb, MEMC Electronic Mats (US$79.6 million)
7. Daniel P Amos, Aflac (US$75.2 million)
8. Lloyd C Blankfein, Goldman Sachs (US$73.7 million)
9. Richard D Fairbank, Capital One Financial (US$73.2 million)
10. Bob R Simpson, XTO Energy (US$72.3 million)
11. Richard S Fuld Jr, Lehman Brothers (US$71.9 million)
12. Steven Roth, Vornado Realty (US$71.9 million)
13. Marijn E Dekkers, Thermo Fisher, (US$69 million)
14. Steven A Burd, Safeway (US$67.2 million)
15. Gregg L Engles, Dean Foods (US$66.1 million)
16. Nicholas D Chabraja, General Dynamics (US$60 million)
17. Leslie H Wexner, Limited Brands (US$56.1 million)
18. David C Novak, Yum Brands (US$55 million)
19. John T Chambers, Cisco Systems (US$54.8 million)
20. William R Berkley, WR Berkley (US$55 million)

I got it from here

What you will find most surprising is that at 11 on this list is Richard S Fuld Jr, the former CEO of the now defunct Lehman Brothers Holdings Inc. He made 71.9 million dollars this past year, yet was unable to keep his company from filing the largest bankruptcy in US history. Now let me get this straight, This CEO is paid over 70 million dollars in one year to basicly mismanage a corporation, well I know I can do that for 70 million. And Now we are suppose to give them 700 Billion to bail them out. Well I'm in favor of the bailout for one reason alone, the credit crunch. This problem severely hurts students like me who need to get loans, but either can't get them at fair rates or just can't get them altogether. But for me support a bailout and pay this man or other CEOs like him that now are begging for corporate welfare would be madness. I'm personally in favor of these men and their top executives not receiving anything more then 500,000 dollars a year in both cash compensation and stock options, and HELL NO to bonuses.

You will also note at number 8 on this list is Lloyd C Blankfein, the CEO of Goldman Sachs, which is still alive but floundering and in need of the coporate bailout. Hey I'm pretty sure those 73 Million would be a big help right about now.

Then you also have the evil Aubrey K McClendon, the CEO of Chesapeake Energy, who, along with Clay Bennett and two other partner, stole the Seattle Supersonic franchise from seattle and moved it to Oklahoma City because they couldn't swindle the City of seattle and its tax payers to publicly finance a new stadium for them. This whole story gets even funnier, because the team was sold off by Howard Schultz, The CEO and Chairman of Starbucks, and YES, number 5 on that list. What is funny about this situtation is that its not the worst things McClendon has been tied too. Aubrey McClendon and Chesapeake Energy have been accused by government officials of Price fixing to raise the price of its natural oil. This man makes 117 million dollars a year and thats not enough for him, he has to nickle and dime his way through the people, with price fixing on natural oil and then making tax payers pay for a new stadium so that he can charge to enter and watch his team in the stadium you paid for, wow.

I'm all for Market Economy, competition, and incentives. But when is enough going to be enough. 73 million dollars a year is roughly 1.4 million dollars a week. I'm not saying to not pay these guys, but when you are making more in a week then most will ever see in their life times, then something truly is wrong in the world. I for one will boycott all these Multination Corporation until they start paying the rest of their employees more and their executives less, and I hope anyone who read this will join me.