Cut Business Expenses

CEO Fred Smith took home a salary of about $1.19 million for the fiscal year ending in May, according to a filing.

Zero Hedge Submitted by Thomas Ryan, CEO of Doddsville Investments Every day we hear about proposed caps on CEO pay, and new regulations to make sure companies are not rewarded for failure. Nowhere is failure being more greatly rewarded than in the United States bankruptcy system. R.H. Donnelley, one of the largest yellow page companies in America, declared bankruptcy earlier this year. The Company had over $500,000,000 of cash on hand when it declared bankruptcy and has