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Health CEOs and defense contractors score big during economic slide
masbury
follow
1
4-14-2008 7:32 PM
157 views
tags:
economy
,
healthcare
,
ceo
,
politics
,
news
masbury
says:
No recession here
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/f307e157-c74e-412d-8a18-2dfe39965905/348FB7D0-48E7-4E80-8739-30CA7806AB7F/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://rawstory.com/news/2008/Despite_economic_slowdown_defense_contractors_and_0414.html" href="http://rawstory.com/news/2008/Despite_economic_slowdown_defense_contractors_and_0414.html" style="font-size: 11px;">rawstory.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://rawstory.com/news/2008/Despite_economic_slowdown_defense_contractors_and_0414.html"><P>"In recent months, Mr. Parmar, who lives in Colts Neck, N.J., said he bought 140 acres in Mineola, Tex., and is spending $20 million to begin building a refuge there for abused tigers," the Times notes. "Since January, he said he added to his car collection with a $110,000 BMW 750 Li (for his girlfriend) and a Bentley Arnage for himself, for about $300,000. He is leasing a Maybach through Luxautica, an 'ultimate car club' that has annual fees of about $125,000."</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://rawstory.com/news/2008/Despite_economic_slowdown_defense_contractors_and_0414.html"><P>Why? A little reported fact of the hemorrhaging US economy is that healthcare companies -- and more widely known -- defense contractors, are raking it in.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://rawstory.com/news/2008/Despite_economic_slowdown_defense_contractors_and_0414.html"><P>Blue Cross & Blue Shield is also doing well, lavishing the parent of its Illinois CEO with massive bonuses for 2007.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://rawstory.com/news/2008/Despite_economic_slowdown_defense_contractors_and_0414.html">Cigna's CEO received $22.7 million in 2007</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://rawstory.com/news/2008/Despite_economic_slowdown_defense_contractors_and_0414.html"><P>This is up from $15.2 million in 2006.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://rawstory.com/news/2008/Despite_economic_slowdown_defense_contractors_and_0414.html">Defense contractors are also posting growth</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://rawstory.com/news/2008/Despite_economic_slowdown_defense_contractors_and_0414.html">stock value of America's big defense contractors has swelled, on average, more than 150% in five years</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/348FB7D0-48E7-4E80-8739-30CA7806AB7F/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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