Its Good To Be The King

From the Wall Street Journal:
In one of the largest executive paydays in recent years, Nabors Industries Ltd. is giving its chairman $100 million in cash in a severance-style deal, even though he isn't leaving the company.

... The stock of Nabors has fallen 19% this year, and has underperformed the S&P 500-stock index for the prior one-year, five-year and 10-year periods.

I couldn't help but think of Mel Brooks when I read this article


No comments: