Google's ex-CEO Eric Schmidt has just been awarded a $100 million golden thank-you for his time in Google's big chair. He'll retain around of 10% of the company's voting rights too.
Google is a big player in several technolgy fields, but until now, the search giant hasn't been a major player in high finance. The company recently amassed a fighting fund of $100 million to form a new venture capital entity. It looks as if Google is trying to spend its way out of the economic crisis.