I see things are getting back to normal for some. The Wall Street Journal gleefully reports today that the survey it commissioned on CEO pay shows an increase of 3% for a median annual pay of $7.23 million.
In the last fiscal year, "Share prices have risen and profits soared amid the country's slow emergence from recession" says the Journal. "Investors made out well too" it adds, with change in stock prices and re-invested dividends bringing in returns of 29%.
The survey shows a shift in the ranks of high paid CEO's with Occidental Petroleum boss Ray Irani taking in $52.2 million for 2009.
We sure live in great and affluent times don't we?
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