I like Bill O'Reilly and watch his program frequently but I think he should stop sticking his nose where it does not belong. If ExxonMobile wants to pay its chairman Lee Raymond $400 million dollars, the largest retirement packages in history, it's their business. It's called free market in case he doesn't get it. If ExxonMobile shareholders doesn't like it, they are the only ones that could have any say. According to Dr. Yaron Brook, the Executive Director of the Ayn Rand Institute:
"During the 12 years he ran Exxon, it became the largest oil company in the world and its stock price went up 500 percent.
The $400 million Raymond will get for his 12 years at the helm of Exxon represents about 1 percent of the $36 billion in profits Exxon made only last year. That is the largest amount of profit of any company ever--and Exxon's CEO deserves to be rewarded for that.
We should not be complaining about Mr. Raymond's compensation, but congratulating him--and other high-performing CEOs--for a job well done."
I have been doing Krav Maga three days in a row so some of my fingers are rather stiff, can't type much!
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