Advertisement

No Sympathy for Highly Paid Execs

How can a man live off just $1million after receiving a $12.3-million bonus last year [“Eisner’s Paycheck Humbled in 2001,” Jan. 5]?

Maybe Disney Chief Executive Michael Eisner will have to dig into the $576 million he received in 1997. It’s reported that even some of his staff had to get by on a mere $300,000 bonus, and now they have the gall to file a lawsuit against Michael Ovitz for the $140-million severance pay they gave him for all the work he did in his 14-month stay at Disney.

Do you think that maybe a larger cut in payroll for the likes of these execs might have saved the jobs of the 4,000 people they had to lay off?

Advertisement

Ed Redhead

Port Hueneme

Advertisement
Advertisement