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Even Lousy CEOs Get Great Pay

by Flexo

Here’s another article on the outrageous pay given to CEOs even when their performance is subpar. Last year, there were five specific offenders singled out. Today, there are five different companies, and drugs are on top: * The CEO of Pfizer, Henry McKinnell, made more than an average of $15.5 million a year while the ... Continue reading this article…

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I Got The Job

by Flexo

I’m happy to share my good news. After returning from Florida last week, I had an interview with another division of my company, in a location closer to my home. To my surprise and pleasure, I was offered the job yesterday. There are a number of benefits to taking this job. It’s closer to where ... Continue reading this article…

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The Number is Anti-American

by Flexo

I talked about The Number by Lee Eisenberg on a number of different occasions, including an in-deplth look at the book in a five-part review. Here’s a fresh look at the “memoir,” written by Paul Farrell from MarketWatch: Eisenberg’s book is an extremely entertaining read. I loved it… But in the end, the book is… ... Continue reading this article…

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Tuesday Reading

by Flexo

Here are some of the stories I’ve read or skimmed today, and there aren’t many: * Suze Orman says honesty is the key to riches * Three rules for a happy retirement [focus] * A great 401(k) can make up for a lost pension * Scam alert! Ticketmaster and Entertainment Rewards * SEC unanimously approves ... Continue reading this article…

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Changes in CEO Pay Reporting

by Flexo

The Securities and Exchange Commission is taking a look at CEO compensation again, and this time they’ve proposing new disclosure rules. Companies would be required to fully disclose all forms of compensation in a way that is understandable. I think it’s safe to say that corporations will always find a way to bend the rules ... Continue reading this article…

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Outrageous CEO Compensation

by Flexo

We’ve all heard the reasons (sometimes excuses) for the fact that many CEOs are compensated orders of magnitude higher than the working class or middle management. Perhaps sometimes the justifications have merit. How about when corporate profitability or performance has plunged under a CEO’s guidance? Here is MSN Money’s list of the most outrageous offenders: ... Continue reading this article…

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Blogging For (Fun and) Profit

by Flexo

Companies are paying bloggers to write about their products. Many of these bloggers don’t disclose that the company whose product they write about is providing compensation, whether it’s $5 per mention, a free vacation, or several thousand dollars. Should there be mandatory disclaimer so an advertisement isn’t mistaken for a legitimate review? It may breach ... Continue reading this article…

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Is The MBA Worthwhile?

by Flexo

Loyal readers may recall that I’ve been working on my MBA (master of business administration) degree through the University of Phoenix Online. Other MBA students from more traditional graduate schools are often surprised when I describe the amount of work required for the degree. I have a little less than a year left if I ... Continue reading this article…

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