Last Updated: Aug 30, 2010
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Issue no. 876
Editorial
Editorial: Labor Day 2010: Let the Sleeping Giant Wake Up!
Pages 2-3
Big Business Got Katrina Money
The Real Violence in Post-Katrina New Orleans Uncovered
Pages 4-5
Aid for Earthquake Refugees Doesn’t Get to Them
Movie Review: “The Tillman Story” – A Family against the Military Propaganda Machine
War in Afghanistan: A Profitable Market for Military Contractors
Pages 6-7
The 1995 Detroit Newspaper Strike: A Missed Chance to Turn the Tide
Page 8
GM’s IPO: Handing Profits to the Banks
Chief Execs Chief Pigs
Aug 30, 2010
Tony Hayward will lose his job as chief executive at BP soon. But “poor” Tony will walk away with $4,107,168.
He’s hardly alone. Here are other top executives from American companies in the oil industry, with their salaries as listed in their last annual reports:
Ray Irani, Occidental Petroleum, 31.4 million dollars;
James Hackett, Anadarko Petroleum, 27.5 million dollars;
Rex Tillerson, ExxonMobil, 27.2 million dollars;
Aubrey McClendon, Chesapeake Energy, 18.5 million dollars;
D.J. O’Reilly, Chevron, 16.5 million dollars;
James Mulva, ConocoPhillips, 15 million dollars;
David Lesar, Halliburton, 12.4 million dollars.
The median pay for all full-time workers in the U.S. is about $35,000 per year. These chief execs take anywhere from 400 to 1,000 times what we get per year. And they made it off of workers’ hard and often unsafe labor.




