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Non-Tech : The Enron Scandal - Unmoderated

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To: Glenn Petersen who wrote (2997)5/3/2004 10:17:22 PM
From: Raymond Duray  Read Replies (2) of 3602
 
Hi Glenn,

Considering that the NYSE made on $50 Million last year, the Grasso payment of $140 Million seems particularly ridiculous and self-dealing.

I sometimes wonder what percentage of a typical Fortune 500 CEO'S time is spent actually running the business, as opposed to creatively figuring devious ways to engage in self-enrichment. I suspect that the percentage spent on feathering their own beds would make most CEOs extremely uncomfortable if they had to disclose this information publicly.
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