Annaly (NLY) CEO Mike Farrell's $35M in pay last year more than doubled the average of the...

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jaxshark Comments (2)
 
Retired Accounting professor (SFSU) and tax lawyer. Dabble in equities, options and real estate. Having a great year so far.
30 Apr 2012, 11:34 AM Reply Like

dyson Comments (30)
 
Talk about overpaid CEOs! Farrell was good last year, his performance this year is not TWICE as good as last year. His pay should not have doubled.
I doubt that industry peers like AGNC are paying their CEOs anything close to $35 million.
30 Apr 2012, 02:09 PM Reply Like

ChuckJ Comments (44)
 
Does anyone know the breakdown of the pay?

ChuckJ
30 Apr 2012, 03:18 PM Reply Like

MexCom Comments (2796)
 
This is like shooting fish in barrel. Can't miss.
I'd double his take if he continues to provide the same performance.

This indicated that when the Fed provides the stimulus - jump on it and make all the profit you can. The reason HTS was able to do it was the doubters who thought the economy would never recover and all the mortgages would default.
30 Apr 2012, 04:15 PM Reply Like

jedelisle Comments (5)
 
mike being criticized for making more than those tbtf clowns should have paraphrased babe ruth's comment when criticized for asking for more pay than the president, “I know, but I had a better year than Hoover.”
30 Apr 2012, 05:13 PM Reply Like

johnvs22 Comment (1)
 
All this is made feasible due to Uncle Ben's risk free but no return savers tax. Mike's game on the other hand is not risk free, especially if Uncle Ben cannot come thru on his 2014 promise. Timing is everything and the only sure thing is after it happens. Please pass the maalox.
30 Apr 2012, 07:05 PM Reply Like

tmacka01 Comment (1)
 
I don't tell anyone of the returns i receive from agnc. they wouldn't believe me anyway. mike allows me to help four young people to go thru college, live a lifestyle i never dreamed of and much more. even when returns slack off i will be slow to criticize.
1 May 2012, 04:00 AM Reply Like

ChuckJ Comments (44)
 
I was very impressed with AGNC, they called me to get my vote on the upcoming meeting items including doubling the common stock and don't even own that many shares.

ChuckJ
1 May 2012, 09:06 PM Reply Like