Ok, I heard about this, however, it is just so sad to hear it again during this so-called ‘once-in-a-century’ economic downturn, while many (many) others are worrying if they would still have their jobs tomorrow, while pensioners are losing most of their money for retirement, while some people might not be able to pay their food and shelter bills tomorrow, while many people working their fingers to their bones for their CEOs….
During a dinner, a friend told me, after the new year, he received an order from the boss to go back to office to fire 10 workers. At that time, I felt that the economic problem is really hitting home, but I forget it probably never hits the top CEOs’ homes ! Or time will prove this….
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From Yahoo! Finance News
“TORONTO – As many Canadians nurse their post-New Year’s Eve hangovers and ponder what further economic storms await, Canada’s top corporate executives can take some comfort in knowing they have already earned as much as the average worker will earn in all of 2009.
A new analysis by the left-leaning Canadian Centre for Policy Alternatives concludes the country’s richest corporate executives will have pocketed an average of $40,237 by 9:04 a.m. Friday morning.
“By the time your computer has finished booting up on your first day back after the New Year’s holiday, the average CEO would have already banked what took the average Canadian worker an entire year’s worth of work to earn,” the report states.
“Many of the top 100 include Canada’s big bank CEOs, who recently received billions in federal government bailout money to purchase mortgage loans.”
Prepared by economist Hugh Mackenzie, the report finds the top 100 CEOs of publicly traded corporations averaged more than $10 million in pay apiece in 2007, the last full year for which figures are available.
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四海为家 from far south to far north 