In 2007, the CEO of Countrywide, earned $1.9 million, in addition to about $45K in travel benefits, and dues paid to swanky country clubs around the world, he also reaped about $251 million as he sold off his company's stock while lying to investors that it was a good buy to have his company's stock. At the same time Countrywide laid of tens of thousands of workers and dropped 80% in the stock market causing many ordinary citizens major economic crisis.
Lest you think this is one evil dude - in 2008 only 6% of CEOs said that if people were hard workers and loyal to the company and contributed to the business, they deserved to keep the jobs. The vast majority feel that ordinary workers are totally expendable.
Seriously - do these people not think about why their heads were lopped off in the French Revolution?
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