Wednesday, October 18, 2006

Being an CEO doesn't need insurance.

I am always amazed that Sandy Weil, former CEO of Citi Bank, is listed on the Forbes as one of the richest persons. I also learned that the secretary of former NYSE chairman Dick Grasso could earn around 200,000 a year. But today I still feel shocked that the CEO of United Health Care could get 1.6 billion dollars if he walks away from UHC. 1.6 billion is from his option vest. However, the reason he has to step down is he is involved in the option back dating scandal. It is just bizarre!

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