4 ms·
> why is it news for CEOs to take $1 salaries? Because people are seriously sick of hearing about the Chairman of BigCorp earning $250,000,000 in salary and st
by cellis 19y ago
> why is it news for CEOs to take $1 salaries?
Because people are seriously sick of hearing about the Chairman of BigCorp earning $250,000,000 in salary and stock options, and taking another $100,000,000 in severance.
(0s for extra effect)
I don't know, its kind of refreshing to hear about Jerry Yang, Sergey Brin, Larry Page, taking $1 salaries, even tho we all know they're worth gajillions.
- aston 19y agoYou missed part of his point, which is that there are huge tax benefits in not taking a salary, and these are well-known, therefore not news.