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 Send to email | CBS CEO Moonves Gets 29% Raise, Just Reward For Job Well Done in CBS |  By Silicon
el 12-Apr-2008 |
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 CBS CEO Leslie Moonves (CBS) gave himself a 29% raise in 2007, to $37 million, says the WSJ. Better news: Since CBS has already agreed to pay some of Les's taxes, he'll get to keep more of it for himself. ("Oh, Yes, Mr. Moonves, Sure We'll Pay Your Taxes!")
We just can't understand why so many people complain about American CEO pay. After all, consider the amazing job Les has been doing:
The compensation package, ranking among the biggest in
the media industry, was awarded in a year in which CBS's stock fell
about 13% and its net income tumbled 25%. While the company generated
significant cash last year, its core TV and radio businesses stumbled.
Shares in CBS, which has a market value of about $15
billion, have steadily declined from a high of $35.75 last July,
falling about 20% so far this year. The stock was just off its 52-week
low at $21.40 in 4 p.m. composite trading on the New York Stock
Exchange Friday.
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 | Thoughts From Kansas |  Blogger | Weblog of a University of Kansas ecology and evolutionary biology student, fighting for progressive politics, evolution, and endangered species.
Thoughts from Kansas You will notice that it lacks definiteness; that it lacks purpose; that it lacks coherence; that it lacks a subject to talk about; that it is loose and wabbly; that it wanders around; that |
| He'll raise your taxes | | According to a CBS/New York Times poll, voters understand that McCain, not Obama, would raise their taxes:
If he were elected President, do you think (candidate) would raise taxes on people like yourself, or wouldn't he do that?
Obama: Would 46%, Would Not 41%
McCain: Would 51%, Would Not 38%Given that this has been one of John McCain's attacks on Ob [..] Read complete article | | Published 15-Oct-2008 by Thoughts in Policy and Politics
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| Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
Nerdblog.Net |
| Wanted: Gordon Brown’s fingerprints, £1,000 reward | | No2ID and PI get after the Smith & Jones Brown ID heist team
A £1,000 reward has been posted for the fingerprints of Prime Minster Gordon Brown and Home Secretary Jacqui Smith, both of whom, claim perpetrators No2ID and Privacy International, are “wanted identity felons”. In a campaign Wanted Poster the campaign groups claim that their [...] [..] Read complete article | | Published 07-Apr-2008 by Nerdblog in General
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| Startups Begging Big Media For Buyouts? | | That's the logical thesis of this FT story: Now that credit is gone and the ad market is about to fall off a cliff, the only way for most Web 2.0 companies to survive is to get Rupert Murdoch, or Les Moonves, or Barry Dil [..] Read complete article | | Published 10-Oct-2008 by Silicon in General
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That advertising downturn? The one that CBS chief Les Moonves didn't see in January, but then started seeing in March? Well, now, with a little hindsight, Les thinks it probably starte [..] 
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