Wednesday, March 31, 2004

Wells Fargo's Kovacevich paid $36.4 million

Title: Wells Fargo's Kovacevich paid $36.4 million

From the article:
    "Total compensation for Richard Kovacevich, chairman and CEO of Wells Fargo & Co. reached $36.4 million for the year ended Dec. 31."
Those ATM fees and overdraft charges really add up. And if you have a Wells Fargo mortgage, you paid more for it so that Kovacevich and other top executives could take home such huge paychecks. It all turns into a huge concentration of wealth.

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