Friday, March 30, 2012

Ford Chief's Pay is Highest in 6 Years

http://www.nytimes.com/2012/03/31/business/ford-chiefs-pay-is-highest-in-six-years.html?_r=1&ref=business

The chief executive of Ford earned $2 million in salary, a $1.8 million bonus, and stock and option awards valued at about $21.4 million in a year. I find that to be overly excessive and unnecessary. The pay we give them and others like pro ball players is too much. There is no way for them to use all of that money in a year unless they are spending it on expensive luxuries and other unnecessary things. This just bothers me because of the current state of the economy and all of the other things we could put that money towards. I understand that they earn their money like the rest of us, but there is a point where things become ridiculous. 

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