How the hell does this work?  When you are at work and you decide you feel like a 2 hour lunch in stead of just one hour, you can be sure that when you get back, you will be hearing a speech about how time is money and your productivity is essential to your companies success.  Right?  Well, when I read about CEO’s that don’t do a damn good thing for the companies they work for, BUT get “let go” with a HUGE severance packages, it makes me itch.

The 2 latest ones are the CEO of Home Depot, which lost 10% in stock value in 2000, prompting the CEO at the time to jam out while he “was ahead”.  His severance package?  You guessed it over $120 million.

Now we have the CEO of Merill Lynch who wrote down over $8 BILLION, but still walks away with over $160 million dollars.  These guys DIDN’T do their jobs, so why are they being compensated so well?

I just don’t get it, when I mess up, I get fired.  But CEO’s can not make money for their company and STILL get paid when they are forced to leave.  What do you think?