Larry Ellison Gets a Raise!

[amanda]

"Ellison apparently recommended the increase to Oracle’s compensation committee, which ultimately approved it. According to the committee, Ellison deserved the pay increase since the company’s profit during the 2008 fiscal year climbed by 29% to $5.5 billion and an 18% gain for the company’s tock generated $19 billion in shareholder wealth."

Read the rest of the article here.