Found at a message board. Where are Mythbusters when you need them?
Did you know that at one time George Romney capped his own CEO pay at American Motors? That is completely the opposite mentality compared to a money grubbing private equity financial engineer.
"Suddenly pertinent fact: When George Romney, Mitt’s father, was chairman and CEO of American Motors, he voluntarily turned down $268,000 in pay over five years, which represented about 20 percent of his earnings over that period. “In 1960, for example,” David Leonhardt reported in a 2007 New York Times article, “he refused a $100,000 bonus. Mr. Romney had previously told the company’s board that no executive needed to make more than $225,000 (about $1.4 million in today’s dollars), a spokesman for American Motors explained at the time, and the bonus would have put him above that threshold.” "