Roger Owl and Art the Cat |
How does your favorite non-profit spend its money? According to the Huffington Post, the National Football League balanced
its books last year by paying its chief executive officer $35 million. Actually you don’t have to take Huff Post’s
word for it; as a non-profit, the league has to disclose its executive
compensation. But, CEO Roger Goodell’s
compensation is only “fair,” according to Atlanta Falcon’s owner Arthur Blank,
chair of the compensation committee.
After all, it only exceeds Goldman Sachs CEO Lloyd Blankfein’s by $12
million; it translates to barely $47 more than $5000 per hour, assuming Goodell
sleeps five hours a night and works the other nineteen every day of the year –
and surely he does: the charitable work of the League, providing
Roman-Forum-style entertainment for the screaming masses, demands no less.
In other news, the rumor that Showtime, whose CEO is Matthew
C. Blank (no relation), will apply for non-profit status in 2015 cannot be
confirmed.
Thanks to Maxwell
Strachan, whose Huff post may be found here.
Disclaimer: Goldman Sachs is not a non-profit. In fact, in 2008, it profited by receiving $10 billiion of tax-payer money.
Roger Owl and Art Pussy-Cat went to sea
In a
beautiful lucre-green boat:
They took some money and then more money
In the form of ten-thousand buck notes.
Roger looked up to the stars above,
And toasted
to a small guitar,
“O lovely Moolah, O Plunder my love,
What
beautiful Swag you are,
You
are,
You
are!
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