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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: ChanceIs who wrote (182309)2/6/2009 10:26:26 PM
From: John ChenRespond to of 306849
 
"Toll Brothers CEO got $8.8M in '08 compensation".

Before the advanced wallstreet civilization, these corporations
probably do not accumulate such 'huge losses'.

Let's see, for one guy:

$8.8M know salary compensation.

unknwon perk/waste: probably $3M to $4M.

Let's say on average, there is 10 positions costing $5M / each.

Easily $60M to $100M so called loss are on 'bad performers'
pay/bonus.

The burden on workers vs. management is extremely unfair.

There is really not much 'bailouts/handouts' needed, maybe
a little, definitely not catastrophe or amagedon as we are
led to believe, by the PRESIDENTS, if the upper-tiers share
the financial burdens of a bad economy fairly.

Can understand why Bush-Junior did the act.

Disappointed Obama has no other option but to follow the
same script.

How sick is good 'getting old' USA ?