Merrill Lynch's CEO retirement package...This is Absurd!!

[novaman]

Here's the link



http://www.ft.com/cms/s/4fb6d18c-86e...0779fd2ac.html


Where can I get a job where I can lead the company to a huge loss and retire with a package like that?

[UncleHoney]

I think Merrill Lynch has an opening.

[Spanky]

Quote:

Originally Posted by novaman Here's the link FT.com / Companies / Financial services - Merrill’s departing chief to get $160m Where can I get a job where I can lead the company to a huge loss and retire with a package like that?

Practically every major U.S. corporation.

[Maurice]

So his SWR would be $6.4mm per year. Not bad! I'd say he can RE whenever he wants to.

[REWahoo]

Quote:

Originally Posted by Maurice So his SWR would be $6.4mm per year. Not bad! I'd say he can RE whenever he wants to.

Not so fast. If his annual expenses are $6.5mm or more, he may need to get fired from another company before he can hang it up for good....