5 CEOs Who Are Worth Their Fat Paychecks

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I can't believe Jim Sinegal, CEO, Costco, didn't make this list.

Jake of OH 12:16AM March 18, 2010

While I generally do not begrudge the free market system, there is no-one alive who is worth $10 million a year. CEOs who make more than 500 times their lowest full time employee are no better than 18th -19th century slave owners. If the profits accumulate so rapidly - how about some philanthopy, price reductions or sharing the wealth with the lower rank and file who do the work than many of the white collar employees are incapable or unwilling to do safely, accurately, with high quality and efficiency.

JS of NY 6:29PM March 17, 2010

Look what BofA did when confronted with reduction in Executive Bonuses & Pay range. I believe the following could best describe these Masters of Finance.

They will steal from the Poor & give to the Rich.

They would rape the babies in the cradle.

In a crazed manner they chuckle with glee

To think that they can raise their fees.

Phil of CA 3:46PM March 17, 2010

Where are the rest of the facts? Like greedy citizens bowering every penny of their homes value and spending it on things they can't afford? And now they aren't willing to pay it back - I don't want to foot their shopping sprees. What happened to good old self control?

As for the credit crunch - whom do you think the SEC was trying to protect when they wrote the new standards? People who can't afford expensive credit - that means the expense is offloaded to everyone.

Don't be naive - the government that was trying to "protect" you might as well have called you directly and closed your account.

Price of CT 2:09PM December 15, 2009

Where are the rest of the facts? Like greedy citizens bowering every penny of their homes value and spending it on things they can't afford? And now they aren't willing to pay it back - I don't want to foot their shopping sprees. What happened to good old self control?

As for the credit crunch - whom do you think the SEC was trying to protect when they wrote the new standards? People who can't afford expensive credit - that means the expense is offloaded to everyone.

Don't be naive - the government that was trying to "protect" you might as well have called you directly and closed your account.

Price of CT 2:09PM December 15, 2009

You asked, "do you think that Apple's CEO made any of it's products!"

The answer is, Yes. Steve Jobs is listed as the inventor of the iPhone, which is the future of that company. He's also one of the inventors of the personal computer, maybe you've heard of it? While I agree that CEOs are grossly overpaid, Steve Jobs may actually be one of the few that is worth the money as this article indicates.

Og of AZ 4:29PM December 11, 2009

It seems as though most of you have overlooked the old saying " Management is a dime a dozen, but a good worker is hard to find"; the work place is just like a football team, the best quarterback in the world is only as good as the rest of the team. In truth a CEO does very little in managing it's employee's yet they get all the rewards. In reality its "who is the lucky one"! Think, do you think that Apple's CEO made any of it's products!

As for Dimon at J.P Morgan, if you think that treating the common citizen as trash or allowing employee's to do so is good then "God help this world". If he really wants to get involved he needs to come down hard on it's employees to treat customers with respect. I realize that our government is mostly at fault forcing bad loans but somewhere the company has to stand up. Instead of taking these huge salery increases, maybe the company should look at trying to help its good customers. What happened to when mortage loans were only approved at 80% of the REAL value! This helped protect the buyer as well as the loan institution.

William of AL 10:07AM December 07, 2009

I'm victim of chase which reduce my crdit limit ,increase APR,and closed my credit card all in one action behind my back in time I have an excellent credit with over than triple of monthely payement use my credit wisly but they punish their honest customer which don't like to use credit card for a while till they reduce their debit .Chase the most hating company for their cusotmer and professional in damaging their credit in the time no bodey can stop them.thanks.

Emad Mikhael of NJ 4:22AM December 07, 2009

Chase is a travesty of a company that charges mysterious $1 interest charges on $0 balances and allows charges on 7-month-closed credit cards! The heck I ever do business with them! They're dishonest and not in the business for the customer. And that model eventually fails.

sirboomdotcom of LA 11:04AM December 06, 2009

Sorry, Richard of MO, stock price is where the rubber meets the road. If you don't own any stock, here's an idea: give up beer and cigarettes for a few months and buy some.

Ed of NH 5:18PM December 04, 2009

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Rick Newman

Rick Newman

The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman connects the dots. In addition to his writing for U.S. News, Rick is the co-author of two books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.


Read Rick's latest blog entries here.

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