it's good to be the (tech) king

tech execs are paying themselves like the good ole days...the bubble days.

Tech executives pocketed an astonishing $2.1bn in compensation last year, every cent at the shareholders' expense. That's the highest level since $2.1bn recorded in 1999, the San Jose Mercury reports in its annual survey of fatcat pay. Median executive pay rose 57 per[cent] last year.

i don't have an inherent problem with biz execs getting paid for getting the job done, but three of the execs cited in the register article--oracle's larry ellison, cisco's john chambers, and lam research's jim bagley--have overseen stock and earnings drops of 50%-80% from the heady bubble days.
the mercury news has a full list of tech executive compensation.

¶ - nitish @ 10:37 AM