Despite the fact that the corporation he
oversees has lost approximately $1 billion
over the past 15 months, Gerard Arpey,
Chairman and CEO of AMR, the parent
company of American Airlines, received
over $5 million in total compensation in
2010, which was 11% more than he
received the year before. See how
this works: company makes money,
you get a raise; company loses
money, you get a raise. That
old Invisible Hand is such a
clever prestidigitator!