GMAC's Pay

Obama Administration's GEO at GMAC gets $1.2 Million for 6 weeks works but no phony outrages by the butt boys in the media and the President. It really is none of Obama's business whether some CEO makes $1 versus $100 million a year. But, Obama and his ilks always belly ache about executives' pay. However, when it comes to their own executives pay, they say nothing.

http://www.nytimes.com/2010/03/03/business/03gmac.html

GMAC’s Michael Carpenter Got $1.2 Million for 45 Days’ Work - NYTimes.com

Michael Carpenter’s pay for a month and a half of work was equivalent to full-year pay of $9.5 million, according to a regulatory filing.