Sunday, April 12, 2015

Slow Saturday Special: Tucci $ubject

It's only a $mall inci$ion:

"EMC Inc. chief executive Joe Tucci took a pay cut last year, according to data from the company’s latest proxy statement. Tucci, who is expected to retire this year, received total compensation of $11.2 million in 2014, compared to $12.6 million in 2013. He got about $1 million less in EMC stock and received no stock options. EMC is the world’s leading provider of high-end data storage hardware and software for big businesses and government agencies. It is solidly profitable, with 2014 net income of $2.7 billion, but insurgent shareholders note that the value of the company’s stock has barely increased over the past five years."

I don't want to take more of a bite out of him, but I'll give you one guess as to where the company is emigrating (the favor is being returned -- look at all the bu$ine$$ links, as well as the mention of Lewin, an alleged passenger on a 9/11 jet) as it helps store the data that has been given to a certain chosen few.  If Obama were really angry at them wouldn't he stop the flow of information used to blackmail politicians?

Time to kill this conversation:

"Former Ford CEO Alan Mulally’s compensation fell 5 percent to $22 million in his final year at the company. Mulally retired July 1. As a result, he earned $1 million in salary compared with $2 million in 2013. He received $13.9 million in stock and option awards, down 5 percent from a year ago. Mulally’s successor, Mark Fields, saw his total compensation jump 47 percent to $14.9 million. Fields became Ford’s president and CEO on July 1."

Sorry I lost track of the recalls. Globe must have given me the slip.

"Wall Street’s bonus pool rose 3 percent to $28.5 billion in 2014, New York state’s comptroller, Thomas DiNapoli, estimated, with employees taking home an average bonus of $172,860. The industry added 2,300 jobs in New York City, the first growth since 2011. “The securities industry remains profitable and well-compensated even as it adjusts to regulatory changes,’’ DiNapoli said. The comptroller’s analysis also showed a trend in which the securities industry, while still crucial to new York’s economy, is dispersing. From 2007 to 2014, New York City’s share of US jobs in the industry fell to 19 percent from 20.9 percent."

Some less, others a hell of a lot more.

But this election season is really going to address income inequality, yes sir! Just like in 2014, 2012, etc, etc, etc, as the $tatu$ quo continues and the wealth gap yawns wider -- benefiting, as you have it, the very same people wringing their hands over it as their policies helped abet the whole thing. 

Tired of the political $how fooleys yet, America?