58 million severance pay.

[PA DETAILER]

15 months=$58 million for Yahoo's de Castro (http://www.usatoday.com/story/money/business/2014/04/17/former-yahoo-exec-de-castro-exits-with-nearly-58-million/7805941/)

And there are times i struggle to put gas in the vehicle or grocery shop. UNREAL.

[ducksfan]

I thought Mike Phillips got canned and hit it big time on the way out the door.

[Docpeanut]

Hey man, the yachts and private planes won't pay for themselves ya know

[Bunky]

Hey man, the yachts and private planes won't pay for themselves ya know

Trickle down works!

[A2D Signature]

15 months=$58 million for Yahoo's de Castro (http://www.usatoday.com/story/money/business/2014/04/17/former-yahoo-exec-de-castro-exits-with-nearly-58-million/7805941/)

And there are times i struggle to put gas in the vehicle or grocery shop. UNREAL.


He worked hard for it right??


Sent from my iPhone using Tapatalk

[Matt_ZL1]

It's messed up for sure but the trickle down is fascinating. I own a marine diesel repair business and when you look at the economic impact the uber wealthy have, it's amazing.

[Bunky]

He worked hard for it right??


Severance usually means the board did not want him and had to pay him to leave.

[Flash Gordon]

It's messed up for sure but the trickle down is fascinating. I own a marine diesel repair business and when you look at the economic impact the uber wealthy have, it's amazing.

I work for a lot of very wealthy people. It is amazing to see how different they live compared to the other 99%

[allenk4]

You are only worth what you negotiate

[tpr1634]

I work for a lot of very wealthy people. It is amazing to see how different they live compared to the other 99%

Yeah, the best part is they leave like the rest of us.:buffing:

[Dogfather]

I don't know why but I've never begrudged wealthy people.
There are a lot of things I don't have that I wish I did and I've always felt it was entirely my fault and no one else's.
Just never felt like a victim.
Consumers give their money to private companies voluntarily.
The Government on the other hand...

[Setec Astronomy]

I don't know why but I've never begrudged wealthy people.

Yeah, more power to Bill Gates, Warren Buffet, Thomas Edison, Henry Ford, etc. What did this guy do to earn 58 million bucks in 15 months (plus his salary). Did he invent Yahoo? Did he invent the internet like Al Gore? There is a difference between a wealthy person who is wealthy because he is smart or successful...I'm not sure a guy who got fired after 15 months is either...but he certainly is wealthy.

Disclaimer: I don't know anything about this guy (or is it a gal?), and I'm sure some will say I don't know anything, period.

[Flash Gordon]

I don't know why but I've never begrudged wealthy people.
There are a lot of things I don't have that I wish I did and I've always felt it was entirely my fault and no one else's.
Just never felt like a victim.
Consumers give their money to private companies voluntarily.
The Government on the other hand...

I am grateful I don't have that covenant/jealous feeling either. I am around it so much and witness many of the problems they have. More money = more problems is all I get out of it

[allenk4]

Supply and Demand

If someone is willing to pay you $50 an hour or $5,000 an hour...they have decided that you are worth it.

[FUNX650]

Being awarded $58 Million in severance pay is, no doubt, laughable to many CEOs that have received severance and retirement packages over the last 10 years or so.

Someday if you guys, Mr. Jack Welch and friends,
get a chance:
Would you tell de Castro like it could have been?
{How's that pronounced? Oh yea: What a Yay-hoo!}


Bob