$7M A Month For Failure

Money

Struggling Ford Motor Co., which posted a record $12.7 billion net loss in 2006, gave its new CEO Alan Mulally $28 million for four months on the job, according to the company’s proxy statement filed with the Securities and Exchange Commission Thursday.

Let’s pretend for a minute that someone has an idea that can turn Ford around. Think they would get that fat a paycheck?



-Shlok
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05. April 2007 by Shlok Vaidya
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