Posts Tagged 'executive compensation'

Well, There Goes My Bonus! [comic]

original source

LOL – Senate Concerned With Charity’s Spending Habits

AP reports –

WASHINGTON – A group of Republican senators is questioning high salaries and expensive travel bills for executives at the Boys & Girls Clubs of America, raising issues that could jeopardize millions in federal funding for the national charity. The four senators said they were concerned that the chief executive of a charity that has been closing local clubs for lack of funding was compensated nearly $1 million in 2008. They also questioned why in the same year officials spent $4.3 million on travel, $1.6 million on conferences, conventions and meetings, and $544,000 in lobbying fees. “The question is whether or not a very top-heavy organization might be siphoning off federal dollars that should be going to help kids,” said Sen. Chuck Grassley of Iowa, the top Republican on the Senate Finance Committee.

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