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

To: Smiling Bob who wrote (200355)	5/5/2009 4:13:08 PM
From: John Koligman	Read Replies (1) \| Respond to of 306849

This tidbit caught my eye in regard to executive pay - how can a firm justify spending millions on an executive's MAPS!!! Non-pay perks abound for some CEOs By Del Jones and Barbara Hansen, USA TODAY Aubrey McClendon of Chesapeake Energy (CHK) was the best-compensated CEO of 2008 at $112 million. Yet, in December, the Chesapeake board of directors approved an extra $12.2 million for the purchase of McClendon's collection of historical maps, books, paintings and photos, according to Chesapeake's proxy. The maps and artwork had adorned Chesapeake's headquarters, and the proxy notes that the company got a good deal.