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Clear Channel CEO takes pay cut

Mark Mays, Clear Channel CEO, took home $300,000 less than last year according to documents filed with the SEC. His paycheck breaks down to a $366,950 base salary, $1.85 million bonus, $120,878 in stock awards and $286,974 in stock options.
Mays owns 29,167 shares of Clean …

Bailed out bank executives are getting away with your money: $1.6 billion of it.

It turns out that some of the executives for bailed out financial companies are still getting those “oh so coveted” bonuses. $1.6 billion dollars in bonuses that not only include cash compensation, but also stock options, personal use of company jets and chauffeurs, home security, …