Job cuts vs. CEO pay packet

Hi money confessors out there :)

I found this video about Japan Airlines CEO today and i cannot help but to share it with everybody because it's so "outrageous".

Today we heard about potential mass sacking of banks workers and other corporations but we never heard about their executives pay cuts. Isn't it infuriating?

This video was from last week's news and it's an interview with Japan Airlines CEO who takes a pay cut down to USD 90,000 last year.
Most of middle managers here make a lot more than that.
He cuts most of his benefits, rides bus to office and eats at the office cafetaria with the rest of his employees. Check out his "massive" office, you wouldn't believe that this man is the head of a huge airline corporation.

Imagine if most of our CEOs took the same step... too much daydreaming?

http://ibnlive.in.com/videos/77452/jal-ceo-takes-a-pay-cut-flies-ai...


Bytta