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Comment by kqr2

http://www.nytimes.com/2008/09/26/business/26wamu.html?_r=2&...

The coolest part is that the CEO who has been on the job for LESS than 3 weeks will get paid $19.1 million.

From the article:

The company’s new chief executive, Alan H. Fishman, was in midair, flying from New York to Seattle at the time the deal was finally brokered, according to people briefed on the situation. Mr. Fishman, who has been on the job for less than three weeks, is eligible for $11.6 million in cash severance and will get to keep his $7.5 million signing bonus

parent kqr2 18 years ago

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