Tuesday, 31 May 2011

People of millions

How much would you pay for a bodyguard or sp?
It seems that corporate moguls answer 3 millions.

Recent Edgar filing shows that Mr. Dell (founder of Dell) is reimbursing 3 millions dollar of fee related to personal security to the company. While Mr. Dell's management has been widely regarded as honest and efficient, the big spending on security is baffling for investors. A close look at other companies top management spending shows that the average spending is 1 million.

Hey, average citizen spend zero dollar on security and will retire if we have 1 million. Is the gap of top income-earner and average earner widening too much?

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