Obscenity. You know it when you see it.
Via the Daou Report: In 2005, the CEOs of the largest 15 oil companies averaged $32.7 million in compensation, compared with $11.6 million for all large U.S. firms, according to the study, released today by the Institute for Policy Studies and United for a Fair Economy.
Amid reports of multimillion-dollar pay packages, shareholder activists have sponsored resolutions to limit compensation at companies like Exxon Mobil Corp. and Home Depot Inc. In May, three members of the House of Representatives criticized the retirement benefits of former Exxon CEO Lee Raymond and asked the company to fill a gap in its workers' pension fund.
``Instead of lining the pockets of executives, they should be investing the money into new sources of energy that go beyond fossil oils,'' said Sarah Anderson, director of the global economy project at the Washington-based Institute for Policy Studies, and a co-author of the study.
1 comment:
Fossil Fuels! Silly Woman! The world runs on the byproducts of their medical operations with the beauty dross of trphy wives toenail clippings of divorce lawyers the snot of arrogant tribes of brats,body secretions of mistresses and gigolos,for years now.
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