Manages Parisian Family Office. Began Wall Street, 82. Founded investment firm, Native American Advisors. Member, White Earth Chippewa Tribe. Was NYSE/FINRA arb. Conservative. Raised on Native reservations. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, his TN farm, Pamelot or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.

Friday, August 25, 2006

Henry R. Silverman

What a guy. As the ex-chief of Cendant, his compensation last year totaled $140,000,000. Last month, when he completed the spin-off of two operating units he received termination benefits of $62,700,000. When he retires in another 18 months he will get another huge payout. Cendant came public in 1997 and the stock reached a high of $4.36 on its first day of trading. Since that time, Mr. Silverman took in more than $500,000,000 from salary, bonuses, perks and stock options.

The stock closed yesterday at $2. Shareholders took it big time. Right in the you-know-where. Truly a pathetic example of greed gone wild.

I guess it's true. Money may not buy you happiness but it sure does allow a person to suffer in comfort.

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