Bailout

Moneyball

By Felix Salmon

I just found this 1998 photograph of KRM. He’s standing between The Moustache, on the left, who has just taken over as deputy chairman, president and chief operating officer of News Corp for a total first-year comp package which could be more than $40 million; and The Hair, on the right, who was earning about the same when he quit the job. (Stockmasters have earlier and later photos of Carey, which are well worth checking out. He certainly beats Bob Druskin’s ‘tache hands-down — but of course it’s the bald guy in the middle who is probably worth more than everybody else in the photograph combined, including the spectators.)

Full post as published by Macroprudential on July 02, 2009 (boomark / email).