When the Revolution Comes...

Telstra CEO Sol Trujillo has been rewarded with an $8.7 million pay packet for a year in which he infuriated Canberra, wiped $16 billion off the value of the company and delivered the worst profit performance since the company was floated nine years ago.

Despite yesterday handing down a 26 per cent slump in full year net profit, Telstra said it's imported Chief Executive had hit enough performance targets to pocket a short term incentive bonus of $2.58 million.

From The Australian

Let's take a look at Mr Trujillo's recent employment history shall we?

- From 1995 to 2000 Solomon Trujillo was the President and Chairman of US West Communications. He resigned shortly before the company became the subject of a federal criminal probe for overstating nearly a billion dollars in profits. Upon his departure he was rewarded with a $95 million payout.

- After fleeing US West, Trujillo took over as the Chairman and CEO of a small company called Graviton. In this position he hired 40 employees in order to achieve a $750,000 bonus before laying them off again two months later. The company folded 12 months later.

- Following the demise of Graviton Trujillo served as the CEO of Orange SA. He held the position for less than a year and has remained tight lipped about his reasons for leaving.

It's worth pointing out that despite having a personal wealth most people could only dream of, the shifty eyed burrito is yet to purchase a single Telstra share. Jeez do you reckon he knows something we don't?

What kind of diseased society tolerates a situation where underperforming, machiavellian princes are placed in a position where their performance, regardless of its impact on the lives of thousands, is completely irrelevant because, fail or succeeed, they are going to be rewarded with obscene paychecks and unholy severance packages.

"Hey Sol, you fucked up badly mate. Here's a few million to tide you over while you look for another company to fuck up.

First against the wall Sol. When the revolution comes, you and your ilk will be first against the wall.