Friday, April 03, 2009

Poor babies

May they be awash in Larry Kudlow's coke addled tears:

CEO compensation decreased more sharply at banks and brokerages, long the source of some of the biggest paychecks. Median annual cash compensation for CEOs in the financial industry fell 43%, to $976,000. Total direct compensation fell 14.2%, to a median $7.6 million.


How will they get by when only half of them make more than $7.6 million?

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