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Murdochs obscene salary - The 18th most overpaid ! (Read 3131 times)
Sir lastnail
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Murdochs obscene salary - The 18th most overpaid !
Oct 18th, 2010 at 10:59am
 
From the 2010 News Corp AGM transcript.

See how Murdoch tries to justify his obscene salary compared to Buffet's measily 100K per year salary Wink

Buffet is worth 45 bill on paper whilst Murdoch is worth 6 bill but his salary is way out of proportion. Buffet receives no dividends.

Greed is good for Murdoch and Sons !!

http://www.maynereport.com/articles/2010/10/16-0311-8905.html

Quote:
Stephen Mayne: two more issues and I'm done. CGI Glass Lewis, the proxy advisory firm, has their list of the 25 most egregious or overpaid executives in the S&P500, they rank you at number 18. The 18th most egregious or overpaid or at least hard to justify...

Rupert Murdoch: who is this?

Stephen Mayne: CGI Glass Lewis, one of the two big proxy advisory firms. They tell shareholders how to vote their stock. Warren Buffett gets by on $100,000 a year; you're a multi-billionaire. Why do you need to be paid such a huge sum that is actually rated as of one of the most over-the-top payments in corporate America?

Rupert Murdoch: I have a fraction of Mr Buffett's wealth, and Mr Buffett doesn't have to do that, he only has to sell a few shares every year to have many many billions to play with.


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longweekend58
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Re: Murdochs obscene salary - The 18th most overpaid !
Reply #1 - Oct 18th, 2010 at 11:24am
 
Sir lastnail wrote on Oct 18th, 2010 at 10:59am:
From the 2010 News Corp AGM transcript.

See how Murdoch tries to justify his obscene salary compared to Buffet's measily 100K per year salary Wink

Buffet is worth 45 bill on paper whilst Murdoch is worth 6 bill but his salary is way out of proportion. Buffet receives no dividends.

Greed is good for Murdoch and Sons !!

http://www.maynereport.com/articles/2010/10/16-0311-8905.html

Quote:
Stephen Mayne: two more issues and I'm done. CGI Glass Lewis, the proxy advisory firm, has their list of the 25 most egregious or overpaid executives in the S&P500, they rank you at number 18. The 18th most egregious or overpaid or at least hard to justify...

Rupert Murdoch: who is this?

Stephen Mayne: CGI Glass Lewis, one of the two big proxy advisory firms. They tell shareholders how to vote their stock. Warren Buffett gets by on $100,000 a year; you're a multi-billionaire. Why do you need to be paid such a huge sum that is actually rated as of one of the most over-the-top payments in corporate America?

Rupert Murdoch: I have a fraction of Mr Buffett's wealth, and Mr Buffett doesn't have to do that, he only has to sell a few shares every year to have many many billions to play with.




and if you believe Warren Buffet gets only $100K a year then you will beleive anything.
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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."
 
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mellie
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Re: Murdochs obscene salary - The 18th most overpaid !
Reply #2 - Oct 18th, 2010 at 11:26am
 
What does this have to do with politics?

I would hardly call this a pressing political issue here in Australia at present.

Not like they will be discussing this in parliament or anything.

Sigh~

Decoys are futile.

Cool
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All together now Labor voters.......&&&&lap-tops, pink-bats refugees and Clunker-cars&&&&insurance.AES256
 
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Verge
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Re: Murdochs obscene salary - The 18th most overpaid !
Reply #3 - Oct 18th, 2010 at 11:27am
 
Last time I checked its a company limited by guareentee.  Shareholders holders money, and also Murdock is a major shareholder.

Its not government money, and its not your money, so why the outrage.
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Sir lastnail
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Re: Murdochs obscene salary - The 18th most overpaid !
Reply #4 - Oct 18th, 2010 at 12:33pm
 
longweekend58 wrote on Oct 18th, 2010 at 11:24am:
Sir lastnail wrote on Oct 18th, 2010 at 10:59am:
From the 2010 News Corp AGM transcript.

See how Murdoch tries to justify his obscene salary compared to Buffet's measily 100K per year salary Wink

Buffet is worth 45 bill on paper whilst Murdoch is worth 6 bill but his salary is way out of proportion. Buffet receives no dividends.

Greed is good for Murdoch and Sons !!

http://www.maynereport.com/articles/2010/10/16-0311-8905.html

Quote:
Stephen Mayne: two more issues and I'm done. CGI Glass Lewis, the proxy advisory firm, has their list of the 25 most egregious or overpaid executives in the S&P500, they rank you at number 18. The 18th most egregious or overpaid or at least hard to justify...

Rupert Murdoch: who is this?

Stephen Mayne: CGI Glass Lewis, one of the two big proxy advisory firms. They tell shareholders how to vote their stock. Warren Buffett gets by on $100,000 a year; you're a multi-billionaire. Why do you need to be paid such a huge sum that is actually rated as of one of the most over-the-top payments in corporate America?

Rupert Murdoch: I have a fraction of Mr Buffett's wealth, and Mr Buffett doesn't have to do that, he only has to sell a few shares every year to have many many billions to play with.




and if you believe Warren Buffet gets only $100K a year then you will beleive anything.


Yes he does. He lives like a pauper in a very average house. Read about him.
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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.
 
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Sir lastnail
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Re: Murdochs obscene salary - The 18th most overpaid !
Reply #5 - Oct 18th, 2010 at 12:34pm
 
Verge wrote on Oct 18th, 2010 at 11:27am:
Last time I checked its a company limited by guareentee.  Shareholders holders money, and also Murdock is a major shareholder.

Its not government money, and its not your money, so why the outrage.


Because you libbos are the first ones to jump up and down about a measly 10 dollar pay rise for minimum wage earners.

You see it's not your money so get lost verge Wink LOL
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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.
 
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Del_has_returned
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Re: Murdochs obscene salary - The 18th most overpaid !
Reply #6 - Oct 18th, 2010 at 1:24pm
 
Sir lastnail wrote on Oct 18th, 2010 at 12:34pm:
Verge wrote on Oct 18th, 2010 at 11:27am:
Last time I checked its a company limited by guareentee.  Shareholders holders money, and also Murdock is a major shareholder.

Its not government money, and its not your money, so why the outrage.


Because you libbos are the first ones to jump up and down about a measly 10 dollar pay rise for minimum wage earners.

You see it's not your money so get lost verge Wink LOL



Bentnail, you sound like one of those useless bastards who sees a Rolls Royce in the car park, looks round to see if anybody is about, then “keys” the car from bumper to bumper……..just because you’d NEVER EVER have the determination and business acumen to aspire to be on the bottom rung of any ladder, so in your pathetic opinion why should anybody else be successful and own a car like that!  
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« Last Edit: Oct 18th, 2010 at 5:55pm by Del_has_returned »  

Labor.....what a bloody joke...
 
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aussiefree2ride
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Re: Murdochs obscene salary - The 18th most overpaid !
Reply #7 - Oct 18th, 2010 at 1:33pm
 
Del_has_returned wrote on Oct 18th, 2010 at 1:24pm:
Sir lastnail wrote on Oct 18th, 2010 at 12:34pm:
Verge wrote on Oct 18th, 2010 at 11:27am:
Last time I checked its a company limited by guareentee.  Shareholders holders money, and also Murdock is a major shareholder.

Its not government money, and its not your money, so why the outrage.


Because you libbos are the first ones to jump up and down about a measly 10 dollar pay rise for minimum wage earners.

You see it's not your money so get lost verge Wink LOL



Bentnail, you sound like one of those useless bastards who sees a Rolls Royce in the car park, looks round to see if anybody is about, then “keys” the car from bumper to bumper……..just because you’d NEVER EVER have the determination and business acumen to aspire to be on the bottom ring of any ladder, so in your pathetic opinion why should anybody else be successful and own a car like that!  



Presactly, envy drives the left.
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Verge
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Re: Murdochs obscene salary - The 18th most overpaid !
Reply #8 - Oct 18th, 2010 at 1:39pm
 
Sir lastnail wrote on Oct 18th, 2010 at 12:34pm:
Verge wrote on Oct 18th, 2010 at 11:27am:
Last time I checked its a company limited by guareentee.  Shareholders holders money, and also Murdock is a major shareholder.

Its not government money, and its not your money, so why the outrage.


Because you libbos are the first ones to jump up and down about a measly 10 dollar pay rise for minimum wage earners.

You see it's not your money so get lost verge Wink LOL


Actually I was the one who supported the pay increase because the workers got nothing the year before.

And thanks to Gillard that $26 got chewed up in our award modernisation process anyway.

I dont begrudge anyone on the minimum wage, someone has to do the work they do.
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And why not, if you will permit me; why shouldn’t I, if you will permit me; spend my first week as prime minister, should that happen, on this, on your, country - Abbott with the Garma People Aug 13
 
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it_is_the_light
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Re: Murdochs obscene salary - The 18th most overpaid !
Reply #9 - Oct 18th, 2010 at 2:42pm
 
great threads all of these mellie

me thinks thou dost awaken -:)

everything is in accordance with the divine plan,

and so it is

namaste
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vegitamite
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Re: Murdochs obscene salary - The 18th most overpaid !
Reply #10 - Oct 18th, 2010 at 2:47pm
 

I can't believe anyone  could stick up for Murdock and justify these outrages salarys. Has the 'devil' taken their concept of what life is about ?
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Verge
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Re: Murdochs obscene salary - The 18th most overpaid !
Reply #11 - Oct 18th, 2010 at 2:53pm
 
Quote:
I can't believe anyone  could stick up for Murdock and justify these outrages salarys. Has the 'devil' taken their concept of what life is about ?


Im defending his companies rights to make up their own minds on the salaries of their staff, providing they meet minimum wage standards.

These are not government organisations.  It is the shareholders money.  I have always been a firm believer that as long as the shareholders approve, then its fine by me.  After all, its their money.
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And why not, if you will permit me; why shouldn’t I, if you will permit me; spend my first week as prime minister, should that happen, on this, on your, country - Abbott with the Garma People Aug 13
 
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Verge
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Re: Murdochs obscene salary - The 18th most overpaid !
Reply #12 - Oct 18th, 2010 at 2:59pm
 
I didnt know this about Murdoch

"After McEwen and Menzies retired, Murdoch transferred his support to the newly elected Leader of the Australian Labor Party, Gough Whitlam, who was elected in 1972 on a social platform that included universal free health care, free education for all Australians to tertiary level, recognition of the People's Republic of China, and public ownership of Australia's oil, gas and mineral resources."
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And why not, if you will permit me; why shouldn’t I, if you will permit me; spend my first week as prime minister, should that happen, on this, on your, country - Abbott with the Garma People Aug 13
 
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gizmo_2655
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Re: Murdochs obscene salary - The 18th most overpaid !
Reply #13 - Oct 18th, 2010 at 3:21pm
 
Sir lastnail wrote on Oct 18th, 2010 at 12:33pm:
longweekend58 wrote on Oct 18th, 2010 at 11:24am:
Sir lastnail wrote on Oct 18th, 2010 at 10:59am:
From the 2010 News Corp AGM transcript.

See how Murdoch tries to justify his obscene salary compared to Buffet's measily 100K per year salary Wink

Buffet is worth 45 bill on paper whilst Murdoch is worth 6 bill but his salary is way out of proportion. Buffet receives no dividends.

Greed is good for Murdoch and Sons !!

http://www.maynereport.com/articles/2010/10/16-0311-8905.html

Quote:
Stephen Mayne: two more issues and I'm done. CGI Glass Lewis, the proxy advisory firm, has their list of the 25 most egregious or overpaid executives in the S&P500, they rank you at number 18. The 18th most egregious or overpaid or at least hard to justify...

Rupert Murdoch: who is this?

Stephen Mayne: CGI Glass Lewis, one of the two big proxy advisory firms. They tell shareholders how to vote their stock. Warren Buffett gets by on $100,000 a year; you're a multi-billionaire. Why do you need to be paid such a huge sum that is actually rated as of one of the most over-the-top payments in corporate America?

Rupert Murdoch: I have a fraction of Mr Buffett's wealth, and Mr Buffett doesn't have to do that, he only has to sell a few shares every year to have many many billions to play with.




and if you believe Warren Buffet gets only $100K a year then you will beleive anything.


Yes he does. He lives like a pauper in a very average house. Read about him.


Yeah, but isn't Buffet pretty much retired??
Whereas Murdoch still handles the day to day running of his business empire...
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longweekend58
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Re: Murdochs obscene salary - The 18th most overpaid !
Reply #14 - Oct 18th, 2010 at 4:08pm
 
Murdochs company, murdchs money.  only a person with a poverty mentatility would complain.
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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."
 
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