Results tagged “moneymoneymoney”

It makes perfect sense for a company that just suffered a gigantic drop in profit (and one that has been struggling all year) to give its new Chief Financial Officer, the one who will preside over the books during its downward spiral, a big fat paycheck. Troy Alstead, the incoming CFO for Starbucks Corporation, will be paid an annual salary of $450,000. But wait, there's more: he also receives eligibility for a $225,000 bonus and a stock option grant worth over $200,000. So, let's get this straight: the company is struggling for its life, facing continuously decreasing profit, and the head money man could get paid nearly $900,000 a year. Is it no wonder the numbers coming out of the Mermaid are so dismal?

For the 15th year in a row, Bill Gates has topped the list of wealthiest Americans. While the rest of us are worrying about our debit cards working at WaMu, the Microsoft founder, valued at $59 billion, can afford to pay Jerry Seinfeld to hang out with him. Warren Buffett, always the bridesmaid and never the bride, came in second again. We're pretty sure being worth $50 billion is consolation enough.

From across the pond, and courtesy of NME, comes news that Seattle's own Alice in Chains will be recording their first record in 13 years.