Is their future all that rosy?

[DianaR]

I have a feeling that between the mortgage crises, multiple financial institutions being bought out, and the fall of Enron, there are a whole lot of people who are going to reach retirement age, and not retire. This might not have been able to happen a decade ago because many jobs required the agility of youth for peak performance.

I see a situation developing, in the USA anyway, where the government may have to step in and either prevent businesses from laying off older workers or subsidize a portion of their wages to avoid having masses of citizens over the age of 65 becoming homeless.

What remedies do you think the government will offer to help the elderly out? Do you think this will hurt new graduates by preventing them from landing jobs that will pay for their student loans, along with their housing and transportation?

[fcmoney]

company are bought out by another company because who have more money have a power, it is easy, if you have a little money you can not vote on stock exchange or buy another company, acquation another company or do anything. Goverment is not doing anything for many reason because what can goverment legally do? Company is buying new company because one company don't have a money to operate or have some money but not enought money!

College student are looking for a job, just graduate college student can't find good job or get offert from employer for $50,000 dollar a year.. with is not worth somebody get MBA from Finance and just earn $50,000 a year where CEO of this company earn $36 million dollar?

[fcmoney]

You can see how much Executive CEO (Chief Executive Officers earn)



Highest-Paid Executives In The Hartford Region


(Ranked by total 2007 compensation)

2007 Change in
2007 pension value and
Company 2006-2007 Non-equity nonqualified deferred
Name 2007 Total 2006 Total Percent 2007 2007 Other 2007 Stock 2007 Option incentive plan compensation
Rank Title compensation (1) compensation change Salary compensation awards awards compensation earnings

1 United Technologies Corp.
George David
Chairman
$38,073,226 $27,174,832 40% $1,883,333 (2) $643,023 $11,636,640 $8,144,480 $3,480,455 $8,285,295
Aetna Inc.

Ronald A. Williams $23,045,834 $19,802,476 16% $1,095,785 $104,162 $5,309,197 $12,887,276 $1,900,000 $1,749,414
Chairman & CEO

3 United Technologies Corp.
Louis Chenevert (3)
President & CEO
$20,828,777 $7,820,312 166% $1,012,500 (4) $246,574 $5,533,440 $9,690,531 $858,030 $1,487,702
Lincoln National Corp.

Jon A. Boscia (5) $19,369,538 $18,128,905 7% $689,303 $5,328,343 $427,212 $4,379,328 $968,255 $7,577,097
Former chairman & CEO

5 Lincoln National Corp.
Dennis R. Glass
President & CEO
$18,000,852 $5,208,904 245% $929,231 $4,475,008 $2,161,080 $3,845,660 $2,352,781 $4,237,092
The Hartford Financial Services
Group Inc.


$15,831,896 $18,211,193 -13% $1,150,000 $81,574 $5,687,582 $2,728,022 $3,250,000 $2,934,718

6
Ramani Ayer
Chairman & CEO

7
The Hartford Financial Services
Group Inc.
David K. Zwiener (6)
Executive vice president
$15,303,278 $8,556,727 79% $660,000 $11,555,164 $1,400,640 $1,687,474 $0 $0
The Hartford Financial Services
Group Inc.


$8,837,377 $8,592,238 3% $990,000 $45,009 $3,217,576 $1,621,122 $2,265,000 $698,670

Thomas M. Marra
President & COO, The Hartford


9 United Technologies Corp.
Ari Bousbib
President, Otis Elevator
$7,606,063 $5,932,567 28% $749,167 (7) $121,534 $1,880,064 $2,948,333 $689,514 $317,451
10 Northeast Utilities
Charles W. Shivery $7,190,938 $4,993,148 44% $987,308 $49,026 $1,779,313 $0 $3,048,360 $1,326,931
Chairman, president & CEO

11 United Technologies Corp.
Geraud Darnis
President, Carrier Corp.
$6,971,743 $5,179,916 35% $749,167 (8) $115,100 $1,880,064 $2,948,333 $266,175 $412,904
12 Lincoln National Corp.
Robert W. Dineen $6,568,983 $0 NA $400,000 $1,713,490 $1,051,993 $1,115,287 $2,163,687 $124,526
President, Lincoln Financial Network

13 Amphenol Corp.
Martin H. Loeffler
Chairman & CEO
$5,470,509 $5,207,543 5% $1,080,000 $48,641 $0 $3,021,668 $993,600 $326,600
14 The Stanley Works
John F. Lundgren $5,126,375 $6,163,714 -17% $1,000,000 $323,240 $1,200,449 $723,409 $1,700,000 $179,227
Chairman & CEO

15 Aetna Inc.
Mark T. Bertolini
President
$5,112,352 $3,410,341 50% $711,847 $26,317 $705,020 $2,764,762 $889,884 $14,522
16 The Phoenix Cos. Inc.
Dona D. Young $4,906,045 $4,492,541 9% $950,000 $144,143 $1,505,169 $0 $1,923,000 $383,733
Chairman, president & CEO

17
The Hartford Financial Services
Group Inc.
David M. Johnson
Executive vice president & CFO
$4,699,170 $4,690,891 0% $710,083 $7,875 $1,757,836 $578,718 $1,500,000 $144,658
Lincoln National Corp.

Patrick P. Coyne18 President, Lincoln National $4,560,844 $5,497,090 -17% $450,000 $887,590 $536,737 $881,541 $1,804,976 $0
Investment Co. Inc. and Delaware
Management Holdings Inc.


19 Barnes Group Inc.
Gregory F. Milzcik (9)
President & CEO
$4,501,084 $2,733,555 65% $641,667 $406,880 $891,390 $507,827 $1,477,421 $575,899
The Hartford Financial Services
Group Inc.


20 Neal S. Wolin $4,492,191 $4,085,297 10% $762,000 $33,410 $1,453,647 $482,548 $1,620,000 $140,586
President & COO, property &
casualty


21 Kaman Corp.
Paul R. Kuhn (10)
Chairman
$4,489,018 $6,093,215 -26% $940,000 $43,429 $62,520 $406,869 $1,504,000 $1,532,200
22 Lincoln National Corp.
Westley V. Thompson $4,434,151 $4,500,991 -1% $500,000 $1,246,772 $1,218,786 $529,818 $884,669 $54,106
President, employer markets

23
The Hartford Financial Services
Group Inc.
John Walters
Co-COO, Hartford Life
$4,401,565 $0 NA $700,000 $35,010 $1,502,061 $428,753 $1,524,000 $211,740
Aetna Inc.

Timothy A. Holt (11)

$4,276,344 $3,896,244 10% $490,469 $17,025 $479,200 $1,787,274 $516,468 $985,90824 Senior vice president & chief

investment officer

25 Aetna Inc.
Joseph M. Zubretsky (12)
Executive vice president & CFO
$3,939,836 $0 NA $584,757 $19,485 $1,319,457 $1,246,143 $770,000 $0
Source: Individual companies' proxy statements. NA = Not applicable.

(1) This list is based on filings with the SEC covering the 2007 fiscal year. Total compensation includes salary, bonus, long-term incentive payments, other deferred compensation and the cash value of certain benefits provided to executives, including use of company
planes and life insurance premiums.
(2) David also received a $4,000,000 bonus in 2007.
(3) Chenevert was promoted to CEO from COO as of April 9, 2008.
(4) Chenevert also received a $2,000,000 bonus in 2007.
(5) Boscia retired as of July 2006.
(6) Zweiner left the company as of August 31, 2007.
(7) Bousbib also received a $900,000 bonus in 2007.
(8) Darnis also received a $600,000 bonus in 2007.
(9) Milzcik retired as of Dec. 2006.
(10) Kuhn served as chairman, president & CEO until Sept. 17, 2007. He served as chairman & CEO until Dec. 31, 2007. From Jan. 1, 2008 until his retirement on Feb. 29, 2008, he served as chairman.
(11) Holt retired on Feb. 22, 2008.
(12) Zubretsky joined the company as of Feb. 28, 2007 and became CFO effective April 20, 2007.
—Compiled by Emily Boisvert.



[admin]

wow, 34 million dollar earn Chief Executive officer.. I don't know how much more money he get as stock bonus! but this is huge money! I wish to earn 10 % of what he earn.. you know that a millions of dollars so why not to join his team..

[stuffing]

You guys must kidding me 34 million dollar income for 1 year plus stock bonus and option! this is like more than 35 million dollar.. plus those folks will pay about 28% tax...CEO will not pay 39% as Corporation paying because he will hire good tax lawyers! and don't have to pay a lot of tax