Poor unfortunate CEO's lost millions, too.

Discussion in 'World Events' started by See Post, Mar 7, 2008.

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  1. See Post

    See Post New Member

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    Originally Posted By Mr X

    Awe, doesn't your heart just go out to these poor fellows?

    <a href="http://money.cnn.com/2008/03/07/news/newsmakers/ceo_pay/index.htm?cnn=yes" target="_blank">http://money.cnn.com/2008/03/0
    7/news/newsmakers/ceo_pay/index.htm?cnn=yes</a>

    I love Mozillo's comment about his compensation being "grossly exaggerated".

    Last year I tracked him on yahoo finance selling millions of dollars worth of stock ON A WEEKLY BASIS when the price was up between $33 to $40 per share...and he justified it on "mad money" because he was "getting older".

    Yeah, right.

    Today's price for his company? $5.07 per share.
     

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