Thursday, June 14, 2012

BlackBerry maker Research in Motion is giving Jim Balsillie and Mike Lazaridis a $12 million golden parachute

I know I know, we must never complain about the way capitalism distributes wealth because the market is always right...

A company filing with the U.S. Securities and Exchange Commission Thursday revealed Balsillie and Lazaridis will be getting $7.93-million and $3.96-million respectively after resigning as co-CEOs and co-chairs of the Waterloo-based firm.

Story here

1 comment:

Stephen Downes said...

Not yet willing to admit that the market is rigged?