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Merrill Lynch's CEO retirement package...This is Absurd!!
Old 10-31-2007, 07:01 AM   #1
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Merrill Lynch's CEO retirement package...This is Absurd!!

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?
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Old 10-31-2007, 07:14 AM   #2
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I think Merrill Lynch has an opening.
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Old 10-31-2007, 07:26 AM   #3
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Originally Posted by novaman View Post
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.
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Old 10-31-2007, 07:32 AM   #4
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So his SWR would be $6.4mm per year. Not bad! I'd say he can RE whenever he wants to.
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Old 10-31-2007, 08:08 AM   #5
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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....
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