Covid

MASKING SAVES LIVES

Tuesday, May 23, 2006

Stocks Plunge--CEO Salaries Soar

"All told, Mr. Rohde, 57, received more than $45 million during his eight years at the helm, and was given an estimated $20 million retirement package as he walked out the door."


This will the stock price was falling 28%. And here's the other guy in the story:

"IN 1977, James P. Smith, a shaggy-haired 21-year-old known as Skinny, took a job as a meat grinder at what is now a ConAgra Foods pepperoni plant. At $6.40 an hour, it was among the best-paying jobs in town for a high school graduate.

Nearly three decades later, Mr. Smith still arrives at the same factory, shortly before his 3:30 a.m. shift. His hair has thinned; he has put on weight. Today, his union job pays him $13.25 an hour to operate the giant blenders that crush 3,600-pound blocks of pork and beef."

No wonder THEY like capitalism so much!

from a NYTimes special report. wonder how much their boss gets paid.

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