Tom Toles for June 24, 2002
Transcript:
CEO: Yes, we had a pretty good ride, investors. When the stock went up, I naturally accepted millions in salary, bonuses, and stock options. But when it all turned out to be funny bookkeeping and the stock tanked... I had to take responsibility and leave, gracefully accepting a multi-million-dollar-a-year golden parachute. Sob sniffle sniffle My pay was based on performance. And I'd say that was a pretty convincing performance. Toles: CEO... Cynic egregiously overcompensated?
Reaganomics in a nutshell