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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: X Y Zebra who wrote (47632)	9/18/2003 11:14:08 AM
From: MulhollandDrive	Read Replies (2) \| Respond to of 57110

>>Grasso was such a stickler over his job pact that, in the event of his dismissal, he even gets 40 percent of all unused sick days left over from his 60 days of normal sick pay at $6,000 per day. Grasso also gets generous protection from any criminal or civil actions arising from any NYSE scandals - with a minimum of $70 million a year for lawyers. The protection lasts for six years after he's out of the job. In case he does get nailed for fines or lawsuits, the Big Board will separately, using its own funds, pick up the entire tab to indemnify him long after he's gone. << there are still millions of people with decimated retirement accounts.... imagine $6000/day sick pay... thousands without severance pay as they lose their jobs... more and more taken out of workers salaries to meet medical insurance... it will be perceived as just more "let them eat cake" from the financial boardrooms... the villagers are sharpening the pitchforks... :) gotta run