The Magnificent Seven, Wallywood-style. Combined, these CEOs pocketed nearly $1.5 billion over a five-year period while steering their companies to tens of billions in losses and, in some cases, to oblivion. Tens of thousands of employees have lost their jobs. However we revamp our tax code, the rewards to companies should be for jobs created, not for jobs destroyed. Such concentration of wealth as displayed above has throughout human history been a portent of societal stress, often to the breaking point.
Monday, November 10, 2008
Hall of Shame
The Magnificent Seven, Wallywood-style. Combined, these CEOs pocketed nearly $1.5 billion over a five-year period while steering their companies to tens of billions in losses and, in some cases, to oblivion. Tens of thousands of employees have lost their jobs. However we revamp our tax code, the rewards to companies should be for jobs created, not for jobs destroyed. Such concentration of wealth as displayed above has throughout human history been a portent of societal stress, often to the breaking point.
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