Compensation for UF President May Top $1 Million

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<p>A $1 million annual compensation for that level of responsibility seems entirely reasonable to me. </p>

<p>Compare that to the $100 million packages the Masters of the Universe get for driving the global economy into a tail spin (e.g., goldman sachs, AIG, leman brothers)
<a href=“Lehman Brothers: financially and morally bankrupt | Richard Wolff | The Guardian”>http://www.theguardian.com/commentisfree/cifamerica/2011/dec/12/lehman-brothers-bankrupt&lt;/a&gt;

Of course, Lehman Brothers’ top bank executives rewarded themselves stupendously while directing Lehman Brothers into collapse. In October 2008, the CEO of Lehman Brothers, Richard S Fuld, argued over pay with Congressman Henry Waxman during public hearings on the bankruptcy. Fuld insisted he had taken “only” $310m in compensation during the seven years before 2008, whereas Waxman’s figure was $485m.

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<p>$1million at UF is a bargain.</p>