What would you expect to happen if you falsified your expense records and sexually harassed a co-worker? You get your ass fired, at the least, or in jail at the worst. However, if you're Mark Hurd, CEO of HP, you get a 30 million dollar going away present.
Of course, HP has a habit of paying off bad CEOs. They gave Carly Fiorina 21 million to just get lost. Now she's running for Senator from California. Why screw up one company when you can fuck over the whole nation.
Turns out Hurd and Fiorina are just small potatoes. William McGuire, former CEO of UnitedHealth Group received 1.2 billion to settle some civil and SEC suits. To see who the really big winners are in the golden severance package race, click here.
When I am King, no CEO will be paid more than a 100 times the salary of the lowest paid company employee. There will be no severance packages. But, they will be able to draw the same unemployment benefits as the rest of the working class. That should get some money in circulation.