Microsoft: more integrity than Wall Street?
There’s probably no bigger critic of Steve Balmer’s Microsoft than me. Its customer as a cow to be milked dry attitude angers me almost daily.
But even I’m prepared to lift my hat to it for this particular announcement. It shows that in a commercial and financial world driven by greed, deception and quite frankly, confidence tricks, some good still prevails.
Like everyone, Microsoft’s suffered in the current climate. The double-whammy of fiscal disaster and the growth of Cloud Computing has cut deep into the company’s profits.
But unlike our banking execs distasteful money grab, Steve Balmer has taken a pay cut. His salary of $665,833 remains, but his bonus has been cut by $100,000, taking his total package down to a reasonable return, given his overall performance, of $1,276,627.
OK, I accept it’s not exactly Poor Street, but sure as hell not Wall Street. Well done, Steve. Now there’s a first from me!
on October 2nd, 2009 at 6:37 pm
So Steve Balmer has got more integrity than Wall Street? That is like saying Osama Bin Laden is nicer than Hitler. Both would sell their own mothers for a few cents.
I dont see Balmer joining the soup line with over one and a quarter million bucks to bank each year. Check out those hands out to grab what he can !!