Wall Street Titans Outearned by Media Czars - Bloomberg: "Even the top executives at Comcast Corp. (CMCSA), Brian Roberts and Steve Burke, received compensation of $27 million and $24 million, respectively, despite their pay being cut 13 percent and 32 percent, respectively, from the previous year. (It’s worth noting that Comcast patriarch Ralph Roberts, now 92 years old and still a regular in the executive offices at the company, once again took $1 in compensation for 2011.)
Six media executives wound up in the top 15 of the Associated Press’s list of highest-paid executives released last week; not a single banker joined them. No doubt these talented executives are worth every penny of their exorbitant pay: Profits at their companies are up, as are stock prices. But one would be hard-pressed to remember the last time that the top pay at media companies outstripped that of Wall Street."
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