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CEOs Who Risk Big for Big Paydays
Research shows that incentivizing CEOs with large pay and stock-option packages doesn't always have the intended effect of aligning their interests with shareholders. These six CEOs got fired because their risky moves backfired. Did their big paydays blind them to risk?
- Angelo Mozilo
Countrywide - Stan O'Neal
Merrill Lynch - Carly Fiorina
HP - Ken Thompson
Wachovia - Kerry Killinger
WaMu - Chuck Prince
Citigroup