After driving Valeant Pharmaceuticals into the ground, Michael C. Pearson will receive a modest stipend of $83,333 per month, as a consultant, during 2016. During the calendar year of 2017, Mr. M. Pearson will receive $15,000 per month, and an additional $3,750 per day for his sagely consultations on HOW TO DRIVE A FUCKING STOCK INTO THE DIRT.
Moreover, Michael has agreed to cooperate with authorities whenever they should call upon him.
As you were.
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Nice work if you can get it, LOL.
This shows how the income inequality in the U.S. really just reflects the natural distribution of the talents of people and the hard work they do. This Pearson guy is obviously worth 9 million dollars because of his high level of talent as a con artist. Somehow he convinced the board or whoever hired him that he knew how to run a drug company. Not an easy thing to do, as he obviously has no clue how to do that.
American capitalism SUCKS, with all the CEO’s on each other’s boards playing “Scratch my back and I’ll do your’s”.
As I have stated many times, the USA needs a 110% tax on all income
above $300K (from ANY source!) , to stop this bullshit.
while this is all very shitty indeed – it’s important to not hate the players in the game.
We’d all be lying if we said that arrangement doest sound like a beautiful position we like to be in
As the song says “Money for nothing, chicks for free” sounds good to people. But that doesn’t mean it makes sense to support a system that is constantly giving huge rewards to people who did nothing to deserve them, while other people who are working long and hard end up living in dire poverty.
As the dumb money who buys stocks, crap like this gets my blood boiling as I sharpen the tines on the trusty pitchfork
Failure is rewarded and a prerequisite for the next gig.
Nobody gets chicks for free. You have to earn that.
There are Perfect systems, don’t be stupid
Regards
Chuck Bennett
Correction. There are no perfect systems.
I agree. And I think we ought to do our best to make ours work better than it does now. Apparently you think so too, Chuck, as you too are supporting an outsider candidate, whose ideas differ from those of the political establishment.
Yes
I do my best to get chicks for free. At times , it feels like they are paying me.
Regards
Chuck Bennett