Jason's Blog

Greed of large company CEOs

by on May.24, 2005, under General

Ok, I won’t deny anyone the right to earn their pay. Particularly doctors who go through a LOT to do their jobs, including a lot of schooling, a lot of time and effort, etc. Even more, your life is in their hands. BUT, I do think there needs to be limits. I mean, come on, what are you going to do with 30 million a year?? That’s definitely on the insane side. I’d think anything over 10 million is vastly exceeding any sign of sanity. Again, I can make allowances for certain things, i.e. living in California where the cost of living per year is massive, or for Doctors, definitely NOT for lawyers, etc. I guess I wish I had words to describe though how much something like this bothers me:

“Valley execs’ greed returns to dot com levels” [register.co.uk]

I respect the right of people to make money. I respect that people like to make a lot of money, and how much they make depends on where they’re living and what they’re doing. BUT, there are limits to my understanding. Sports Professionals – I can understand some of that (although I still find some of it excessive) as they’ve got a short window on their career, although it really SHOULD be more about the game than the money. Too often I think that gets lost. Anyways, as said, there are places where large paychecks are understandable. But $230 million in one year????? Or, looking at numerous other CEO’s, $30 million? It’s kind of disgusting, when you think about it – add up the amount that the CEO’s, CFO’s, and all the upper level executives make at some of these companies. Good grief! I could understand a million or two million or heck, even five million per year. They are big companies and require expertise. But, there have to be limits someplace…

3 Comments for this entry

  • Kristi

    What makes me sick is when people STRIKE over things like $30M as opposed to $40M. That’s just plain ridiculous…

  • Joan

    I absolutely agree.  It’s disgusting how much money some top-level execs and sports players extort from their employers.  And guess where it all winds up eventually coming from?  Yup—our pockets.

  • Jason McIntosh

    Definitely comes out of our pockets.  Lately, I’ve actually been watching quite a bit of sports – i.e. football, baseball, basketball, etc.  These players are really really good at what they do – but for myself, I’d rather watch someone who loves what they do than someone who does it for the money, no matter how good they are.

Looking for something?

Use the form below to search the site:

Still not finding what you're looking for? Drop a comment on a post or contact us so we can take care of it!


A few highly recommended websites...