Monday, September 25, 2006

Redtsone's lolly less gopping!

The Viacom board has shown extreme resiliance under the line of fire and reduced Sumner Redstone's somewhat lavish pay package.

Mr. Redstone's salary will be snuffled down to $1 million a year from $1.75 million and deferred compensation of $1.3 million a year will be eliminated.

Apparently he's gonna have to make the company's stock price perform to get whappin' lolly in the future. Poor dearie!

No comments: