Thursday, July 24, 2008

Highest Paid List For 2007

Well, who woulda thunk it? Senor Mulva (rhymes with...) sits atop the heap. And it just gets better. Click here for the list of the top 100 and note how many are involved in the oil business. Of the top 25 I could only count 4 who are not directly connected to Big Oil. Pretty impressive for a group that annually cries at the door for government handouts. Y'know, all that "alternative research" for "alternative sources of energy" really leaves them in a hand-to-mouth existence. Oh wait, I read in yesterday's paper that last year the oil industry's percentage of profit spent on "alternative sources of energy" was under 3. Now, why is that? Hmmm, perhaps because they're counting on John McCain to replace Dumbya and push for offshore and Alaskan drilling. And if that becomes a reality...why, they can put off wind, solar and hydroelectric research for another (maybe) 20 years. Never mind that we control 2% of the world's finite oil fields while we consume 25% of the global product each year. And most experts agree that it will take 7-10 years before the oil companies can actually begin to pump oil from the ground and another three years to get it into our gas tanks. And that's if they started tomorrow.
And don't forget that McCain has blamed Barack Obama for high oil and gas prices. Not the current war or OPEC or China's, Indo-Asia's and Russia's new found thirst for it as they push forward in a mad race to replace us as the world's leading economy.
Nice to see that purchases of SUV's has hit an all-time low. Nice to know that registration of mopeds and scooters has hit an all-time high in the 'No.
Anyhoo, read on for the #1 douche in the top 100 bag o' buttspritzers (and don't get me wrong, I like what currency can help me do in this life; but there's a limit to how much anyone really needs. Enough to help out your children when you expire? Great. Enough to buy a third world country? Maybe a tad excessive).


James Mulva

Chairman, CEO and President


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Total compensation

Stock awards
Option awards
Non-equity incentive
Change in pension value
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Total cash
Total long-term incentives
Termination of employment
Fiscal year end
December 31, 2007

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