Obama administration slash CEO pay by 90%. (user search)
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  Obama administration slash CEO pay by 90%. (search mode)
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Author Topic: Obama administration slash CEO pay by 90%.  (Read 2011 times)
Richard
Richius
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Posts: 4,369


Political Matrix
E: 8.40, S: 2.80
« on: October 25, 2009, 12:03:10 AM »
Step one: cut salary to $200,000

Step two: invoice corporation through your own private corporation for management services

Step three: profit!


You guys are really naive if you think the executives will walk away with only $200,000.  Sure, that is what they will report on their 1040 but it won't be their entire remuneration.
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Richard
Richius
YaBB God
*****
Posts: 4,369


Political Matrix
E: 8.40, S: 2.80
« Reply #1 on: October 25, 2009, 03:24:46 PM »
Quote from: Senator Tmthforu94 on October 25, 2009, 01:30:01 PM
I didn't know when the government bailed companies out, that it was included that the government could control salaries...
Shareholders have a right to determine executive pay.
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