Friday, March 15, 2013

THE POPE OF WALL STREET


EQUITY: the quality of being fair or impartial; fairness; impartiality.


THE POPE OF WALL STREET
Johann Wagener 3-15-13

Just as Pope Francis is now the “role model” for  a few billion Catholics so is Warren Buffett for a few thousand “billionaires” like these schmucks;  Top six Wells Fargo executives made more than $70 million combined last year.

These clowns claim that they deserve this absurd compensation from being the smartest and the brightest money can buy. What’s even more absurd is that there are people (usually from the same group of scoundrels) that agree with them.

Do they really believe that they are better than, or smarter than, or wiser than this guy? Billionaire Warren Buffett's salary remains unchanged who happens to be the 2nd richest man in America.

Warren Buffett's total compensation declined 14 percent last year to $423,923 as Berkshire Hathaway spent less on his security, but his salary remained unchanged at $100,000.

Buffett's salary for leading Berkshire as chairman and chief executive hasn't changed in more than 25 years. The $323,923 for security was the only other element of Buffett's 2012 compensation because the billionaire forgoes typical executive perks.


Buffett again paid Berkshire $50,000 to reimburse the Omaha-based company for any personal costs.