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He even bought himself some snazzy new glasses for the first day on the job.

bob_i.jpg
 
No... $1M isn't a serious amount for a guy like that.

He's just being friendly and showing he has some 'skin in the game'. It enhances his credibility amongst other board members, and the shareholders.

That is that then.. just being friendly, nothing to do with his TV connections then

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He even bought himself some snazzy new glasses for the first day on the job.

Image

This guy was born in 1951... looking good for 60 right! Photoshop or botox, OR both...
 
Almost made it, haha.

Why do people hate on those who are successful?

It's part of the left-wing socialist agenda. Successful people could never become as successful under socialism, so success by definition is a capitalist thing, so naturally it's something they hate. It's sad, truly. I think its roots may stem from Europe where many rich folk were once lords or kings, and have had the wealth in their family for longer than they can remember. Rich people in America often started out like average people and earned their way up. It's a very different thing in my opinion. The animosity towards rich folk just doesn't make sense in America.
 
$1M is tiny for his wealth, and one that'll probably make him some profit that'll pay for a short family holiday. Seriously, it's a nice token move but means little in terms of his faith in the company. It's more like buying a college cap when one enters the college for the rest of us.
 
bob_i.jpg


makes all that money and still can't get his collar straight for his publicity shot, see money can't buy you everything - in this case, dress sense and taste - nice shiny silver tie, very new romantic :)
 
The animosity towards rich folk just doesn't make sense in America.

Because that's not a real thing.

Apparently you believe what you see on TV. You should stop doing that. If things don't make sense it's probably because you don't know the real story because the people who told you the story left important things out or made stuff up.

If you did know what was going on, it probably would "make sense" to you.
 
"...It's part of the left-wing socialist agenda..."

Sadly, generalizations like this gather a herd of followers who can't/haven't succeeded on their own so they throw, with vigor, stones of sarcasm and cynicism even though the enterprise in which Mr. Iger invested his money was founded and built by a man who consistently donated and supported a Democratic ticket.

May be helpful to understand what socialist means as the use here bears no resemblance to the facts of what it means. It has become a "talking point" that gives some followers something to write without requiring real knowledge, like sound bites on talk shows, news, political propaganda from all side.

It would be great to have tech site posts that give tech and apple insight. I get political stuff all over the internet. It's a free net, though, so, I'll comment and let this go.
 
you misread that. It says the compensation from Apple is small change *compared* to the $29M he gets from Disney. Yes he's still the "1%," but it's not saying $29M is small change.

OK, I've edited it. The idea that $1M is small change is ludicrous.

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Step 1: Learn to read
Step 2: apply recently learned skill
Step 3: contemplate what was read
Step 4: refrain from posting asinine comments

Post something related to the topic. I have edited my original post now; $1M isn't small change, is it?

Don't think you know me.
 
Wow, I really thought these board members were making a lot more than that. I know at some companies they do.
 
OK, I've edited it. The idea that $1M is small change is ludicrous.

Post something related to the topic. I have edited my original post now; $1M isn't small change, is it?

Don't think you know me.
I didn't say $1 million was small change. I said that his compensation package from Apple for being a director is small change compared to his compensation package for being CEO of Disney.

Which it is.

$50,000 is 1/590th of $29.5 million.
 
OK, I've edited it. The idea that $1M is small change is ludicrous.

Do you want to be told that even your edit is wrong?

Sorry, it wasn't the original $29 million or your updated $1 million. The number you want to post is $50,000.

I do think it's funny that you criticized the "you should read slower" guy when, in fact, your correction is still wrong.
 
Do you want to be told that even your edit is wrong?

Sorry, it wasn't the original $29 million or your updated $1 million. The number you want to post is $50,000.

I do think it's funny that you criticized the "you should read slower" guy when, in fact, your correction is still wrong.

Non-employee Apple board members are typically paid $50,000 per year in compensation for their time, plus an annual stock award in the form of RSU's.

While a nice perk, Iger's pay as an Apple director is small change.

So what is his pay as an Apple Director? Non-employee Apple board members get $50,000.
 
"small change"

The idea that $1M is small change is ludicrous.

He is the 1%.

What's wrong with being part of the 1%? Isn't that something that 99% of us should aspire to (or at least a big chunk of the 99%)?
 
Almost made it, haha.

Why do people hate on those who are successful?

I won't start writing something big because I'm tired, but I'll just post some comment I read the other day and I agree with, it was posted on this article : http://www.forbes.com/sites/johntamny/2011/11/27/what-you-dont-always-hear-about-those-greedy-one-percenters/

rjsgso 2 days ago
There is a difference between the wealth collected by those who provide products and services of value, and the wealth extraction being performed by some members of the banking sector. Few people begrudge Bill Gates and Michael Jordan their millions. However, they strenuously object to banksters who collect multimillion dollar bonuses following taxpayer bailouts of their firms. Gates and Jordan have been rewarded for success. The banksters have been obscenely rewarded for abject failure. They are the 1% that OWS is targeting, not the Gates’ and Jordan’s of the world. Acknowledge the difference.

In reality, flat out capitalism can't work IMO because it will always become too uneven, there will be abuse, greed and democracy won't work in conditions like that. I don't think the majority is happy with what happens. People vote for other people to represent them and they don't. And don't get me wrong, I'm not some freaky maniac communist, I don't think communism can work either because the human isn't made to make it work like that.

There will always be corruption and abuse and greed because that's how the human is but I don't think we should go to the extremes in either direction. And here in Canada I don't like the fact the government has a majority even though not nearly 50% of the votes went for its party (but if it was based on number of votes instead of ridings it would be better, and the system isn't one with just two parties. However the funding of the parties need to stay otherwise oil companies will just buy their victory even more with the Conservatives than what's already happening)

I also like this video :
http://www.youtube.com/watch?feature=player_embedded&v=pSD7rDdbgA4
 
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So what is his pay as an Apple Director? Non-employee Apple board members get $50,000.

The writer is guessing $50,000.

It's just a guess, but that doesn't matter. The point is that $50,000 is what the author was using in the analogy. So it doesn't matter what the real number is...$50,000 is the one they are talking about in the article when they used the term "small change."
 
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