Clearly, some folks make money all the time.
[but not all folks make it all the time]

I picked this excerpt up from a FoxBusiness story (h/t portside):

But the surest route to big bucks was running an oil or natural gas company. Their CEOs represented seven of the 10 highest-paid U.S. CEOs in 2008, according to a report by independent research group The Corporate Library.

Schwarzman bumped Oracle's Larry Ellison down to the list. They were followed by seven oil CEOs and Michael Jeffries, head of teen apparel retailer Abercrombie & Fitch

The year stood out for the amounts the top-paid executives received, as seven people secured total compensation of more than 0 million. Just three made that much a year before and two of them were retiring CEOs, said Greg Ruel, a Corporate Library research associate who coauthored the report.

Ellison's compensation, for instance, soared to almost 7 million, from 2 million.

Another major shift was how few executives outside the oil and gas industry made the list.

"It's so filled with petroleum executives," Ruel said, adding that the result reflected executives cashing in on stocks that until last summer were still chasing oil's rally to a record high near 0 a barrel.

The study ranks CEOs on "total realized compensation," which includes cash pay and bonus, perks, plus the value of stock options exercised and the vesting of restricted shares, Ruel said.
[emphasis added]

Join BBN for free to post a comment on this page.
If you already have an account, please login here to post a comment on this page.