Slash Boxes
NOTE: use Perl; is on undef hiatus. You can read content, but you can't post it. More info will be forthcoming forthcomingly.

All the Perl that's Practical to Extract and Report

use Perl Log In

Log In

[ Create a new account ]

merlyn (47)

AOL IM: realmerlyn (Add Buddy, Send Message)
Yahoo! ID: realmerlyn (Add User, Send Message)

See my home page [].

Journal of merlyn (47)

Tuesday July 26, 2005
06:06 PM

From the "I'm in the wrong business" department...

[ #25894 ]
Seen at The Salt Lake Tribune (via

Leading economic indicators: In June, Co-President Stephen S. Crawford of the financial giant Morgan Stanley (who was installed in the job in order to ensure management ''stability'' during the company's currently shaky status with investors) signed a two-year contract at $16 million a year which allowed him, if he changed his mind, to resign and promptly collect all $32 million. A few days later, he resigned. The ''stability'' was needed at faltering Morgan Stanley because longtime CEO Philip J. Purcell had just been eased out, but his contract called for $113 million in severance pay.

The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
More | Login | Reply
Loading... please wait.
  • If you checked our agreement, you'll see that if I resign, you owe me $30, and that if you resign, I owe you $70. It's only a difference in several orders of magnitude from Morgan Stanley, but it's a start.
  • The business world is officially promoting the greedy and shortsighted to places where they can do the most damage! YAY!

    You are what you think.