Eugene David ...The One-Minute Pundit |
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Thursday, October 05, 2006
Oh, how AWFUL:
Microsoft reduced the total pay of Chairman Bill Gates and Chief Executive Officer Steve Ballmer for the first time in at least six years as profit gains slowed. Gates and Ballmer, both 50, each earned $616,667 in salary in the fiscal year ended in June, up 2.8 percent from a year earlier. Both had their bonuses cut 13 percent to $350,000, Redmond, Wash.-based Microsoft, the world's largest software maker, said in a regulatory filing. What's the purpose of this but as a symbol, and a transparent, smelly one at that?
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