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  #1  
Old 04-19-2006, 03:43 PM
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How's $6,000 per hour sound?

April 14, 2006— Soaring gas prices are squeezing most Americans at the pump, but at least one man isn't complaining.

Last year, Exxon made the biggest profit of any company ever, $36 billion, and its retiring chairman appears to be reaping the benefits.

Exxon is giving Lee Raymond one of the most generous retirement packages in history, nearly $400 million, including pension, stock options and other perks, such as a $1 million consulting deal, two years of home security, personal security, a car and driver, and use of a corporate jet for professional purposes.

Last November, when he was still chairman of Exxon, Raymond told Congress that gas prices were high because of global supply and demand.

"We're all in this together, everywhere in the world," he testified.

Raymond, however, was confronted with caustic complaints about his compensation.

"In 2004, Mr. Raymond, your bonus was over $3.6 million," Sen. Barbara Boxer said.

That was before new corporate documents filed with the Securities and Exchange Commission that revealed Raymond's retirement deal and his $51.1 million paycheck in 2005. That's equivalent to $141,000 a day, nearly $6,000 an hour. It's almost more than five times what the CEO of Chevron made.

"I think it will spark a lot of outrage," said Sarah Anderson, a fellow in the global economy program at the Institute for Policy Studies, an independent think tank. "Clearly much of his high-level pay is due to the high price of gas."

Exxon defends Raymond's compensation, pointing out that during the 12 years he ran the company, Exxon became the largest oil company in the world and that the stock price went up 500 percent.

A company spokesman said the compensation package reflected "a very long and distinguished career."

Some Exxon shareholders are now trying to pass resolutions criticizing the company's executive pay policies. The company is urging other shareholders to vote against those resolutions.

------------------------------------------------------------

$36 Billion record profits, and I can't fill my tank up for less than $50 these days.
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  #2  
Old 04-19-2006, 04:30 PM
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You keep it where???!!!!?
 
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And just what does he plan to do with all that money, buy a pure gold lambo.
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And here I thought it was going to be a commercial for "Spot the Pedobear: Survivor Edition"
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Old 04-19-2006, 04:35 PM
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kinda make me wish I was a rich white man....
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Old 04-19-2006, 04:36 PM
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kinda make me wish I was a rich white man....
Kill one and wear his skin. I'm sure no one would notice.
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Old 04-19-2006, 04:39 PM
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I can't get over thatn insane number of $6k per hour. That's just nuts.
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Old 04-19-2006, 04:45 PM
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If I had that much money, I'd build me a space ship and fly to the moon, and have juice boxes and grapes with the moon people.
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Old 04-19-2006, 04:52 PM
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I'm all for juiceboxes! Nothin like a 6.75 fl.oz. of a noncarbonated beverage, all in one gulp.

I want my next job to have $6,000 per hour in the job description.
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Old 04-19-2006, 04:58 PM
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i cant even think what i would do with that kinda money
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And here I thought it was going to be a commercial for "Spot the Pedobear: Survivor Edition"
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Old 04-19-2006, 05:23 PM
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Originally Posted by fcdrifter13
i cant even think what i would do with that kinda money
You could build a Zeppelin! That would be awesome! Build a Zeppelin three times the size of the Hindenberg, and live in the sky. Never again would you have to set foot upon the earth.

You'd probably want to arm it with lasers and missiles though, to fight off Air Pirate attacks.
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Old 04-19-2006, 05:55 PM
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The red lasers are anti-aircraft beams, and the white ones are ground attack beams (for destroy Air Pirate bases and airstrips).
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Old 04-19-2006, 06:22 PM
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I can't get over thatn insane number of $6k per hour. That's just nuts.
Did you know that if Bill Gates was walking down the street and saw a $100 bill on the sidewalk, it's not worth his time to stop and pick it up? That's how much money he makes.
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Old 04-19-2006, 07:12 PM
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It's true, but money certainly is a blessing
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Old 04-19-2006, 07:32 PM
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who the fuck cares when he dies..........when you are dead thats it..........dont wanna go into a debate, but damn $6k an hour........wow i wish i had that kinda money
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Old 04-19-2006, 07:39 PM
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Originally Posted by KatakanaKarl


The red lasers are anti-aircraft beams, and the white ones are ground attack beams (for destroy Air Pirate bases and airstrips).

this is a better zeppelin.

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Old 04-19-2006, 08:06 PM
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or probably because he realized you were going to say something like that.
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