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Posts Tagged ‘Fox Business News’

GM Gets Bad Press over First Female CEO’s 48% Pay

gmThe fact that General Motors named Mary Barra as its first female CEO on January 15th was a big deal. President Obama even mentioned her in his State of the Union, calling her “the daughter of a factory worker [who] is CEO of America’s largest automaker” and inspiring a rare moment of bipartisan applause.

But according to Fox Business News, this “big deal” may not be quite as impressive as it seemed on announcement: after crunching the numbers, Elizabeth McDonald found that Barra’s $4.4. million compensation package would only amount to 48% of what former CEO Dan Akerson made in 2013 (note: these numbers include stocks and other “incentives” well beyond base salary).

That’s not all: GM retained Akerson as a “senior advisor” who will earn $4.68 million in 2014—so based on current numbers, the former CEO will still make more than the current CEO. This may well be the first time we’ve seen a Fox outlet criticize the White House for not going far enough with its gender inequality messaging.

It doesn’t look good for GM, but some major caveats apply.

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The Muppets Respond to Fox Business News

Fox Business News host Eric Bolling criticized the new Muppets movie last month during an interview on his program Follow the Money, saying the latest movie to star the celebrity puppets leaned to the left.

“I’ll put it out there: Is liberal Hollywood using class warfare to kind of brainwash our kids?” he asked. His guest Dan Gainor from the Media Research Center answered this question in the affirmative and followed up that ridiculous inquiry with this boneheaded response: “I mean, this is a Muppet movie for goodness sake. The only thing that should be green up on that screen is Kermit the Frog.” More enlightenment from these two here.

Because The Muppets are awesome, they responded to the charges during a presser for the U.K. premiere of the film. If you still have any doubt that Miss Piggy rocks, check out her response to questions about the phone hacking scandal and the Christian Louboutins she wore on Project Runway All Stars a couple of weeks back.

[via Mediaite]