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Top Paid CEOs (2011)

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Re: Top Paid CEOs (2011)

Postby thegreekdog on Mon Jun 04, 2012 10:00 am

GabonX wrote:You seem bitter. Swearing and flaunting your own success in defense, while stirring up negativity towards people and their companies based on nothing except a number attached to their names... I just wonder what you might have been able to do had the energy you've expended here been directed towards something more personally productive.


I'm not bitter. I get a little angry and frustrated when people who are supposed to be fiscally conservative are just conservative pundit parrots. Yes, I suppose in the 12 to 30 seconds it took for me to respond in this thread (per post), I could have been more personally productive.

GabonX wrote:Let me ask, in your opinion as a highly educated, highly paid, highly intelligent professional, how much can a person make before you feel obliged to boycott the company they work for? I mean it's easy enough to draw the line at $60 million. You'd only be boycotting Simon Property Group and CBS, but what about companies like Viacom or Motorola, both of which gave their CEO in excess of $40 million?


I don't have any particular dollar amount. I look at whether the company has done well, what the company does, and other factors. For example, I have refused to purchase an iphone because Apple is hypocritical.

GabonX wrote:How much more than you is it appropriate for someone else to make?


Not sure. It depends on a number of factors, including how much the CEO had to do with the company's success or failure in the prior period. How the company compensates its employees. Whether the company uses American labor or foreign labor. For example, I actually won't boycott Simon Property Group (mostly because I do not use that company).

GabonX wrote:If you can answer that question I feel sorry for you as I'm free of such self imposed limitations. People have a tendency to resent those who are more successful than themselves. Even people who consider themselves successful and are by any number of standards still seem to resent the success of others if it is disproportionate to their own.. Perhaps this is something people do innately.


Perhaps you didn't read my post above, or more likely you're responding generally rather than specifically to me, but I don't begrudge Leslie Moonves for making that much money. My problem is not with the CEO or the individuals. My problem is with the company. My problem is also not with my own income being less than someone else's income. My problem is with the cost of products or services compared to the payment made to the CEO or other individual.

It appears that you have a problem with boycotting and/or capitalism. I suppose in medieval times when peasants wanted to leave the land of their lord to go work their own land, you were the peasant screaming about how the peasant was merely jealous and should work harder.
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Re: Top Paid CEOs (2011)

Postby BigBallinStalin on Mon Jun 04, 2012 11:11 pm

Fruitcake wrote:The CEOs mentioned are those who have either shown their net revenue, or those who, through corporate governance, have had it shown for them.

What would be of more interest is the very thing one can never find out. How much is earned by those we don't know about. I am certain in my mind there are many who earn more than the top earner on the original list.

The numbers look 'soft' to me. Jamie Dimon took home more than the quoted figure by some margin. However, much of this difference is made up of stock options he cashed which netted him almost as much again as the figure quoted.

I'm not convinced that the source of Huffington, PA and Standards on the Floor is really the right mix for reality.


Well... what else should they have looked at? Or what can't be seen?
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Re: Top Paid CEOs (2011)

Postby Army of GOD on Mon Aug 27, 2012 7:11 pm

saw this on the 4chan today, felt the need to post it

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Re: Top Paid CEOs (2011)

Postby _sabotage_ on Mon Aug 27, 2012 7:18 pm

To AoGs ask a banker, I think it's an issue of time, not person. If I'm healthy, my doctor bill will be much lower than after I get cancer.

These are salaries. For example, a one time richest man in the world, warren buffet pays himself just over 100k a year, doesn't mention that he makes 10,000,000,000 in stocks, options, etc.
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Re: Top Paid CEOs (2011)

Postby Army of GOD on Mon Aug 27, 2012 7:22 pm

_sabotage_ wrote:To AoGs ask a banker, I think it's an issue of time, not person. If I'm healthy, my doctor bill will be much lower than after I get cancer.



This is an awful analogy.
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Re: Top Paid CEOs (2011)

Postby BigBallinStalin on Mon Aug 27, 2012 7:47 pm

_sabotage_ wrote:To AoGs ask a banker, I think it's an issue of time, not person. If I'm healthy, my doctor bill will be much lower than after I get cancer.

These are salaries. For example, a one time richest man in the world, warren buffet pays himself just over 100k a year, doesn't mention that he makes 10,000,000,000 in stocks, options, etc.


The picture portrays campaign contributions, not salaries.


Let's qualify AoG's picture with a comparison to Lehman Brothers, who were not bailed out and were allowed to fail.


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According to OpenSecrets.org,

Lehman Brothers


2004 (Total: $1,440,599):
Bush, George W (R) --- $361,525
Kerry, John (D-MA) --- $148,864
Schumer, Charles E (D-NY) ----- $90,750
Lieberman, Joe (D-CT) ----- $86,070
Dodd, Chris (D-CT) ----- $68,000
Clark, Wesley (D) ----- $64,182


2006 (Total: $631,867):
Lieberman, Joe (I-CT) ----- $88,000
Clinton, Hillary (D-NY) ----- $63,290


2008 (Total: $1,572,995):
Obama, Barack (D-IL) ----- $393,425
Clinton, Hillary (D-NY) ----- $261,993
Giuliani, Rudolph W (R) ----- $168,850
Romney, Mitt (R) ----- $154,800
McCain, John (R-AZ) ----- $126,557
Dodd, Chris (D-CT) ----- $50,800


2010 (Total: $500)

2012 (Total: $5,450)
Murkowski, Lisa (R-AK) $1,500
Obama, Barack (D) $1,500
Snowe, Olympia (R-ME) $1,000
Tester, Jon (D-MT) $1,000
Paul, Ron (R-TX) $250


Amounts less than $50,000 aren't shown in the BBS analysis. Year 2012 was funny enough to post.

Summary:

Lehman Brothers donated $361,525 to Bush in 2004.
Lehman Brothers donated $393,425 to Obama in 2008.


Outcome:
Lehman Brothers was not bailed out.



Was there some minimum price to pay for the bailouts?

But Bank of America paid less in contributions, so why is BoA still around and not Lehman Brothers? Are political contributions to presidents the only or primarily relevant factor that explains the recipients of bailouts?

Was the value of having a scapegoat worth the loss of future political contributions from Lehman Brothers?

????

Also, Hillary Clinton receives many contributions from many banks for the past 8-10 years. She's usually in the top 10 list. Why?
Last edited by BigBallinStalin on Mon Aug 27, 2012 7:50 pm, edited 2 times in total.
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Re: Top Paid CEOs (2011)

Postby Army of GOD on Mon Aug 27, 2012 7:49 pm

BBS, if your data is not in nice, infographic form, I refuse to read it.
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Re: Top Paid CEOs (2011)

Postby BigBallinStalin on Mon Aug 27, 2012 7:50 pm

Army of GOD wrote:BBS, if your data is not in nice, infographic form, I refuse to read it.


You're a big boy. Just do it.
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Re: Top Paid CEOs (2011)

Postby thegreekdog on Mon Aug 27, 2012 7:52 pm

This thread makes me happy. Pimpdave's stupid trolling thread that I fell for makes me angry.
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Re: Top Paid CEOs (2011)

Postby Army of GOD on Mon Aug 27, 2012 7:53 pm

BigBallinStalin wrote:
Army of GOD wrote:BBS, if your data is not in nice, infographic form, I refuse to read it.


You're a big boy. Just do it.


how much did Nike slip you for that last post?
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Re: Top Paid CEOs (2011)

Postby BigBallinStalin on Mon Aug 27, 2012 8:34 pm

thegreekdog wrote:This thread makes me happy. Pimpdave's stupid trolling thread that I fell for makes me angry.


Take your mind off the staledave, and give a crack at the questions:

viewtopic.php?f=8&t=171832&view=unread#p3873954

You know something about law. Could the primary owners of Lehman Brothers "bail" themselves out as their company fails? If so, they might not have cared so much when the government denied them a bailout.

(Of course, IIRC the owners are currently fighting fiercely against federal accusations by the regulators who are seeking to take their money "legally" and who are trying to find a scapegoat).
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Re: Top Paid CEOs (2011)

Postby BigBallinStalin on Mon Aug 27, 2012 8:34 pm

Army of GOD wrote:
BigBallinStalin wrote:
Army of GOD wrote:BBS, if your data is not in nice, infographic form, I refuse to read it.


You're a big boy. Just do it.


how much did Nike slip you for that last post?



You'll have find out at ClosedSecrets.org
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