Friday, August 22, 2008

Using an Oracle to Loot

I get tired of the amount of $$$ kicked around amongst richers when it could do so much good somewhere else:

"Ellison takes top spot on pay list; Oracle chief now highest paid in US" by Associated Press | August 22, 2008

SAN FRANCISCO - Oracle Corp. founder Larry Ellison, a longtime fixture on the list of the world's richest people, is now ensconced atop The Associated Press's rankings of the top-paid chief executives in the United States.

Never shy about flaunting his estimated $25 billion fortune, Ellison established himself as the best-paid chief executive among major US companies by persuading Oracle to award him a fiscal 2008 pay package valued at $84.6 million under the AP's calculations.

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Huh, isn't that strange: Oracle the programs a place I worked at installed and the system was loaded with flaws. At least someone made a killing while we all suffer out here.