How about when Lee Raymond left Exxon/Mobil and people complained about his $400 million retirement package. People tried to tie this into the high price of gas. But as we should always do, but rarely do, someone ran the numbers.
If every penny was taken from Raymond and applied to reducing the price of gas at the pump, the price for Exxon/Mobil gas would have fallen LESS than ONE PENNY!
Now, I don't have access to nor do I know of any way to find out. But find out how many "pills" Phizer produces, along with "injections" and other devliery devices. Take that total number and lets see how much per unit you get vs. $180 million.
I suspect you will find that the number is less than 1 penny.
would have fallen LESS than ONE PENNY!
Maybe I'm tinged from having worked at two different huge multinationals whose names you'd recognize instantly. They were both corrupt at the American top level. I don't know what they were like at HQ overseas.
The price of drugs is too high in part because of the FDA, but to my mind no one is worth what the Pfizer head got as a going away present.
Plus that's an inane comparison. How many cents/share is that $400,000,000? What fraction of the dividend Exxon/Mobil payed out that year is $400,000?