$59,090 per Month for 20 Hours of Fritz Henderson - BloggingStocks
General Motors has hired former CEO Fritz Henderson to serve as an adviser to the company. He'll be paid $59,090 per month, or $709,080 annualized. Is there anywhere, other than perhaps The Surreal Life: Recession Edition, where Henderson could earn that much money?
In exchange for his $59,090, Mr. Henderson will work about 20 hours per month, according to the SEC filing announcing the hiring: $2,954.50 per hour.
Just in case you didn't think that GM was enough of a gong show as it was. This circus just keeps betting better.