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View Diary: Hostess CEO Received 300% Raise Before Bankruptcy (86 comments)

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  •  When I do the math (1+ / 0-)
    Recommended by:
    matx

    I get 340% raise.  (750,000 x 3 = 2,250,000 so has to be over 3x more).

    •  Incorrect. (0+ / 0-)

      The raise is the amount above the starting value. It doesn't include the starting value itself. Otherwise, if you had been making $50,000 and your salary was increased to $52,000, that would be a 104 percent raise. Obviously, it's not.

      "The great lie of democracy, its essential paradox, is that democracy is the first to be sacrificed when its security is at risk. Every state is totalitarian at heart; there are no ends to the cruelty it will go to to protect itself." -- Ian McDonald

      by Geenius at Wrok on Wed Nov 21, 2012 at 03:21:24 PM PST

      [ Parent ]

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