Did you know that in 2006 America's highest paid CEO was black? I didn't. The total 2006 compensation for E. Stanley Oâ€™Neal, CEO of Merrill Lynch, was valued at more than $91 million. Given Merrill Lynch's performance since 2003, stockholders have no reason to complain. What's the significance of this? I don't know, maybe nothing. I don't know anything about Mr. O'Neal's politics, but one can hope that the era in which leftists can divide and conquer America by race and class is drawing to a close.
In any event, congratulations to Mr. O'Neal!