bunghole
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$772,000 to Cover Underwater Mortgage on Home Sale
Richard Anderson of Delta Air Lines (DAL) may not make as much as the other CEOs listed, but he certainly has his share of corporate perks. Although he earns $2.25 million a year, Anderson relies on the company to cover a number of what could be considered personal costs. For instance, Delta paid Anderson $772,000 in relocation costs because his home in Minneapolis, which he needed too sell to move to Atlanta, was worth less than his mortgage. No doubt, a lot of Delta employees and shareholders are desperate to get out from under their underwater mortgages too.
See full article from DailyFinance: http://srph.it/akeGx4
Richard Anderson of Delta Air Lines (DAL) may not make as much as the other CEOs listed, but he certainly has his share of corporate perks. Although he earns $2.25 million a year, Anderson relies on the company to cover a number of what could be considered personal costs. For instance, Delta paid Anderson $772,000 in relocation costs because his home in Minneapolis, which he needed too sell to move to Atlanta, was worth less than his mortgage. No doubt, a lot of Delta employees and shareholders are desperate to get out from under their underwater mortgages too.
See full article from DailyFinance: http://srph.it/akeGx4