FMG 1.06% $17.31 fortescue ltd

andrew forrest donates 1000 homes, page-5

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    Well done Andrew & Nicola.

    CEO's around the world should take a leaf out of Forrest's book. Most are just money hungry ah's that have screwed the world economy.

    Take Mike Hurd from HP as an example. He advised that he's taking a 20% cut in pay (from his base pay) and asked his staff to take a 5% cut.

    But the ah's base pay is only $1.5m, he gets another $40m in bonuses. Whick means he in effect is only taking a .6% cut, but wants his staff to take 5%.
 
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