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Old 10-23-2013, 11:35 PM   #21
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I do not have any ill will from someone who makes their billions from creating a company...

However, the amount listed is NOT this case.... this is SALARY (admit it is stock options, but still it is not what he owned prior to them giving it to him)...

IOW, if he made a lot because he kept a lot of his original shares... good for him.... taking $2 bill in stock options... stealing....
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Old 10-23-2013, 11:58 PM   #22
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Originally Posted by Jager View Post
I think senior-executive compensation in the US is one of the most egregious excesses in capitalism. One in which boards of directors are not simply complacent - but in many cases are active participants. It's a boys club.

That said, I make a distinction between executives who are brought in to operate a business versus those who invented it. I don't begrudge the Bill Gates, Steve Jobs, and Mark Zuckerbergs of the world their pot of gold.
+1
I find it amusing but tiring to hear folks who don't take the big risk themselves sit around and try to decide how much the risk takers like Jobs, Gates, etc., should make. Even Zuckerberg, although his impact may be more fleeting. There are real excesses in executive compensation which seem to be a weakness of capitalism - until you compare it to the other systems out there. The fact that anyone can come to America dreaming of being 'overcompensated' or otherwise successful, and if they work hard - make it, is a huge strength, and just not common elsewhere.
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Old 10-24-2013, 12:22 AM   #23
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Yes, foreigners still vote with their feet and come here.

Though I do not own FB stock, nor even a FB account, I'd rather FB be a US company than, say, a European or a Chinese company.

And there must be some reasons why more innovation is occurring here than elsewhere, although the Chinese seem to be catching up. Let's remember the positive aspects of our economy, and not throw away the baby with the proverbial bath water.

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Originally Posted by Texas Proud View Post
I do not have any ill will from someone who makes their billions from creating a company...

However, the amount listed is NOT this case.... this is SALARY (admit it is stock options, but still it is not what he owned prior to them giving it to him)...

IOW, if he made a lot because he kept a lot of his original shares... good for him.... taking $2 bill in stock options... stealing....
Well, I read the article, and his stock options were granted back from IPO. Yes, IPO investors clamoring for his stocks agreed to that deal.
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Old 10-24-2013, 02:38 AM   #24
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But just now, I realized that with the disruptive technology of the Web, what Google is gathering in ads, pennies by pennies though it adds up to billions, is probably a lot less than what the news media altogether collected in advertisement in the old days.
It depends on the topic but some pay per click ads cost $10+ for a single click.
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Old 10-24-2013, 12:18 PM   #25
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American dream or modern day piracy? CEO (and other executive) pay is an example of modern day looting. I am astounded at Zuckerberg, who collected his first couple of $B in stock options even before the company went public.
I've been recently reminded that my own good fortune, a few orders of magnitude less than that referred to in the OP, has similar roots. US corporate executive compensation, both direct pay and equity based, is not limited to CEO'd, thousands more benefit handsomely. Most of us here also benefit by investing in these same businesses and capital markets. It would be hypocritical of me to begrudge to others that from which I have benefited so well. I am grateful for the reminder.
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Re: American Success Story
Old 10-25-2013, 10:25 PM   #26
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Re: American Success Story

I don't begrudge anyone running a company their compensation. Their decisions affect the employee's and the shareholders. If they can grow a company, they are worth every penny that they are paid.

But I agree with an earlier poster that the golden parachute have to go for failed executives. I run a company into the ground and I get millions of dollars to go away? During the last downturn the CEO of Merrill Lynch got one heck of a parachute and he destroyed an American Institution.
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Old 10-26-2013, 07:15 AM   #27
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This is the new aristocracy ...among them are few Bill Gates and a lot of robber barons.
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