Oracle CEO Larry Ellison has decided decrease his annual salary to $1 for the year 2010, according to Oracle’s filing with the Securities and Exchange Commission. The move will shave exactly $999,999 off of Ellison’s income compared to this year, but fortunately for Ellison, the world’s fourth-wealthiest man, his base salary only accounts for about 1.2 percent of his total earnings.
Other massively wealthy executives have paved the way in the field of $1 base salary reductions, such as Apple CEO Steve Jobs and Google founders Larry Page and Sergey Brin. According to Oracle’s filing with the SEC, Ellison’s company wants …read more

There’s a title in front of John McCain’s name: Senator. But does he really deserve it? Since January 2007, he’s missed 63 percent of the votes held in the Senate. The last time he was present for a vote was April 8.
Of course it takes a lot of time to campaign for president. Barack Obama has missed 20 votes in the last 20 days. But Obama has actually missed relatively few, and has made a point of showing up for Senate votes every few weeks. He hasn’t let three months go by at a time.
There’s one reason in particular …read more