Pay for America's highest-paid CEO tops $131 millionAnd, pay attention Occupy Wall Street, he doesn't even work for a bank or financial firm~ SNIPPET ~
But the Occupy Wall Street protesters are in the wrong place to picket the titans on this list. Wall Street is conspicuously absent from the top 10. The highest paid “bankster” is Jamie Dimon of JPMorgan Chase, who comes in 12th at $42 million, while Larry Fink of BlackRock is 16th at $39.9 million. Goldman Sachs‘ Lloyd Blankfein is way down at $21.7 million.
Many other bank chiefs are also below the S&P 500 CEO average — which for 2010 was $12 million, down 20 percent from 2007 levels. Bank of America‘s Brian Moynihan and Citigroup‘s Vikram Pandit are barely worth agitating against at $2.3 million and $1.3 million, respectively.
ObamaCare could end up helping three of the top-10 improve their lot in years to come.
The top spot goes to John Hammergren of McKesson, the largest distributor of both pharmaceuticals and health care I.T. systems. It’s thought to be in a good position to benefit from President Obama’s health care overhaul. With compensation of $131 million this year (most of it from exercising stock options), Hammergren won’t have to worry about waiting in line to see a doctor. Same goes for George Paz (fifth place at $51.5 million), who runs prescription drug distributor ExpressScripts as well as Stephen Hemsley (eighth place at $48.8) of UnitedHealth Group.
FULL ARTICLE:
http://www.msnbc.msn.com/id/44893005/ns/bu... -----
Big mistake not having a public health insurance option.
