How could salary rise while stocks fall
Allstate CEO, Thomas J. Wilson, cuts 2,000 full-time employees and pockets an additional $2.44 million for himself. That's on top of the $7.96 million he made in 2008. Big business at its finest.
"His continued strong performance in the areas of capital position, wider profit margin and customer loyalty metrics make this wage palatable?
Let's ask some of his biggest supporters who saw Allstate post an $854 million dollar profit while they drew unemployment benefits.
I'm sure they would agree he's one guy who truly is in "good hands."
Michael Sullivan
Elk Grove Village
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