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Politics : Don't Blame Me, I Voted For Kerry

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To: Rock_nj who wrote (15043)4/15/2004 6:33:27 PM
From: Augustus Gloop of 81568
 
Dood.....his compensation is not tied to the stock price. If his income stream was tied to the price of the stock it would be a different matter. The article you posted suggested that the 176k he gets was not based on stock price in any way. It's more like an annuity payment from the 36 million dollar severance package.

Don't get me wrong - I'd like to get let go like that some day <g> but stock price is not the driver of that income.

And as VP I believe his securities are in a blind trust - I'm not 100% sure of that but I think that is protocol for high level officials.
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