Compounding Machines

My New Favorite Website

with 2 comments

Last month, the New York Times DealBook created a website called Perks Watch. I love it. They search through proxy filings looking for ridiculous perquisites awarded to managers of America’s largest companies. Call me an idealist, but I would be either embarrassed or outraged if I worked for or owned these companies. At the very least it is good for a laugh and/or shake of the head. Here is one example:

Mattel: “According to the proxy statement that Mattel filed Monday with the Securities and Exchange Commission, Mr. Eckert appears to have joined a new country club — with Mattel picking up the $150,000 initiation fee.”

http://dealbook.blogs.nytimes.com/category/perks-watch/

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Written by sdinvest

April 1, 2009 at 1:01 am

Posted in Uncategorized

2 Responses

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  1. Presumably you already read footnoted.org, which is Ms. Leder’s original/main blog? If not, do check it out.

    -Ben

    Ben Tanen

    April 1, 2009 at 9:03 pm

    • Hi Ben, I have heard of footnoted, but didn’t realize it was operated by the same author as Perks Watch. Thanks!

      sdinvest

      April 2, 2009 at 5:24 pm


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