On the recordJuly 10, 1997
As my friend noted in his opening statement, the GAO did a study and this study was astounding. GAO/MDC 1995 COMPENSATION FOR TOP FIVE EXECUTIVES ------------------------------------------------------------------------ Executive Amount ------------------------------------------------------------------------ 1....................................................... $4,012,833 2....................................................... 3,920,559 3....................................................... 2,383,974 4....................................................... 2,303,713 5....................................................... 2,238,966 --------------- Total............................................... 14,860,045 ------------------------------------------------------------------------ Because these amounts differ from Securities and Exchange Commission filings, MDC requested that the names of the executives not be disclosed. These amounts represent compensation as defined by the FAR and differ from compensation reported in Securities and Exchange Commission filings.
Source
govinfo.gov
