RealMoney Radio Mailbag: Pay for Performance
Editor's note: The following are questions received from listeners of "RealMoney Radio." To send Cramer a question about topics from his radio show, click here. Listen to Cramer's latest radio show by clicking here.
Jim, do you think that CEOs make too much money?-- Juan from New York
Jim Cramer
: It depends on how well a company is doing. If a chief executive is doing a great job and delivering shareholder value, then I don't have a problem with him/her making a ton of dough. I'll use Dick Fuld, CEO of
Lehman Brothers
(LEH)
, as an example. He made $29 million in 2005 -- a lot of money by any standard of pay -- but the company did very well and the stock was up nearly 50% for the year.
What do you think about investing in Iraqi dinars?-- Dan from Brooklyn
Jim Cramer
: I pride myself on knowing as much about as many different types of investments as possible, but unfortunately at this time I have no opinion on the direction of the Iraqi currency.
Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by
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