What better way to rub in the sting of tax season than a DealBreaker quiz on the top grossing CEOs for 2007?
No, you don’t really hate tests, you just spend too much time reading the comments. Onward!
Match the top 6 CEOs with their 2007 pay package (no Google/Journal cheating or Bess won’t love you anymore):
A. Ray R. Irani, Occidental Petroleum Corp.
B. Richard S. Fuld Jr., Lehman Brothers Holdings Inc.
C. John A. Thain, Merrill Lynch & Co.
D. Vikram S. Pandit, Citigroup Inc.
E. Lloyd C. Blankfein, Goldman Sachs Group Inc.
F. Kenneth I. Chenault, American Express Co.
1. $78.52 million.
2. $68.5 million.
3. $60.98 million.
4. $46.23 million.
5. $40 million
6. Top 6? Hah! Not!
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A – 6
B – 2
C – 3
D – 4
E – 1
F – 5
A-1
B-5
C-4
D-6
E-2
F-3
thain was $78 mm for what, I still don’t know:
a – 3
b – 5
c – 1
d – 6
e – 2
f – 4
I’m cheating and I can’t match those numbers.
Here’s how it usually works on a commercial fishing boat:
Gross catch in dollars – expenses to get catch = (A) net catch dollars.
B. 50% of net catch dollars (A) goes to boat owner(s).
C. 50% of net catch dollars (A) goes to Crew “shares” formula.
D. Cap’n share = 10% of net catch dollars (A).
One full crew share unit = ((C-D)/number of full share crew)
These deals vary in many ways of course. Interestingly, cigarette and STD treatment expenses for the crew are offset by absence of dental expenses or educational amortizations.
Sounds like someone is watching that show on the Discovery channel about commercial fishing. That I saw two coming attractions for prior to a screening of 21 last Saturday. This is old news though. It was explained a few years back in Perfect Storm.
@12:12 I’ve never been on a fishing boat, but doesn’t it get very lonely in the big ol’ cold sea? All alone except for your fellow strong macho mates. A little boat filled with strong, muscular seamen. All alone where no one will ever know whatever you all are involved in…
(cut to the soft porn music)
Hey Sid, can you help me scrub my deck…err…my d@ck?
Arghh…its manly work for sure….just read some of Walt Whitman’s poetry about the “masts” around NY harbor….
I was having supper in the cramped crew mess of the MV “Raging Queen” when the Cap’n wanted to know if he could push in my stool. They say camels are like Iranian submarines…full of Iranian seamen.
Back on topic…
Shouldn’t we add a third column, write off in ’08???
A 1
B 5
C 4
D 6
E 3
F 2
Obviously…
A = #1
F = #6
And who cares about the rest?!?!
You’re either the Big Kahuna or Tuna…
@2:56 – I guess some things aren’t so “obvious”. it’s about headlines, Irani has been making over $50 mil a year for quite some time…
http://www.latimes.com/business/la-fi-oxy19mar19,1,4939289.story
http://www.usatoday.com/money/economy/2008-03-13-3104989809_x.htm
who’s the big kahuna now?