Latest Threads
Latest
Greatest Threads
Greatest
Lobby
Lobby
Journals
Journals
Search
Search
Options
Options
Help
Help
Login
Login
Home » Discuss » Journals » SHRED » Read entry Donate to DU
Advertise Liberally! The Liberal Blog Advertising Network
Advertise on more than 70 progressive blogs!
SHRED's Journal
Posted by SHRED in General Discussion
Sat Dec 10th 2011, 03:02 PM
Pay for America's highest-paid CEO tops $131 million
And, 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.




Discuss (2 comments) | Recommend (+9 votes)
Profile Information
SHRED
Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your ignore list
Ted
8918 posts
Member since Sat Nov 22nd 2003
Leucadia, CA
Greatest Threads
The ten most recommended threads posted on the Democratic Underground Discussion Forums in the last 24 hours.
Star
Visitor Tools
Use the tools below to keep track of updates to this Journal.
 
Home  |  Discussion Forums  |  Journals  |  Campaigns  |  Links  |  Store  |  Donate
About DU  |  Contact Us  |  Privacy Policy
Got a message for Democratic Underground? Click here to send us a message.