CNN: CEO pay hikes double

[stopbush]

"Some call you the elite...I call you my base." - gw* to his rich friends at the 2000 Al Smith dinner in NYC

CEO pay hikes double
Corporate Library survey finds median raise for S&P 500 CEO was 22.18% in 2003.
July 28, 2004: 8:34 AM EDT

NEW YORK (CNN/Money) - The CEO's at the nation's largest companies saw their raises more than doubled in 2003 as the median raise handed out by S&P 500 companies to their top executives was 22.18 percent, according to a study by The Corporate Library.


The watchdog group said that stock options and awards of restricted stock drove the larger pay hikes. But most elements of the pay -- base salary, annual bonuses, restricted stock, long-term incentive payout, value realized from stock options and total compensation -- showed increases. The only type of compensation not to show a gain was the value of stock option grants during the year.

http://money.cnn.com/2004/07/28/news/economy/ceo_pay/index.htm?cnn=yes

[aquart]

1. Leeches.

They're bleeding corporate America dry. Squash 'em like the bugs they are.