Dirty Rotten Ceos: How Business Leaders Are Fleecing America
Author: William G. Flanagan
List Price: $24.95
Our Price: Click to see the latest and low price
ISBN: 0806525215
Publisher: Citadel Trade (May, 2003)
Sales Rank: 344,154
Average Customer Rating: 2.5 out of 5
Customer Reviews
Rating: 1 out of 5
Save Your Time And Money
Author makes some points that are rather obvious and then proposes solutions that you may or may not agree with. Overall, I found this book mediocre at best - just another financial journalist trying to make a buck with a provocative title.Save your time. Save your money.
Rating: 4 out of 5
Setting the record straight
Dear Sirs:I am the author of Dirty Rotten CEOs, and I must point out a serious error in the review posted by the anonymous reader from Mount Kisco, N.Y. He states that the highest paid executive in 2001 was Michael Dell, not Larry Ellison, and takes me to task for that mistake. But it is the reader who is dead wrong. The top earner in 2001 was indeed Larry Ellison, whose total compensation for 2001 was $ 706.1 million. (Michael Dell was a distant second in 2001, at $201.3 million.) Those figures come from Forbes magazine, May 13, 2002, p 116, and were reprinted in my book on page 25.
In view of that drastic error, I would like to request that his review be removed . Yes, there were some regrettable but minor errors in my book (corrected in the subsequent edition). But the reader committed a whopper, using figures from the wrong year! I would suggest you kill that review, or print my reply immediately after it.
Sincerely,
William G. Flanagan
Rating: 1 out of 5
Only so-so, factual errors abound.
On page 37, Flanagan writes: "The top-paid executive in 2001 was Ralph Ellison, CEO of Oracle, who made 175 times that amount." ("That amount" was $4.4 million.) First off, it would be Larry Ellison, not Ralph. Second, it wasn't Ellison; in 2001, the highest paid CEO (according to Forbes, who Flanagan worked at for 17 years) was Michael Dell, to the tune of $235 million; by comparison, 13th spot Ellison took home $75 million. Also, $235 million is only 53 times $4.4 million, not the 175 the author claims.Pass on this one. $25 mistake as far as I'm concerned.
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