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Occidental Petroleum Corporation Message Board

  • patient_lt_investor patient_lt_investor May 5, 2013 8:42 AM Flag

    Irani Was A Thief

    Pure and simple. He had the BOD in his back pocket to award him huge, underserved, pay packages/compensation. It's true that the pps of OXY soared in between 1995-2005, but it only soared because the world-wide price for a barrel of oil went from $18 to $110 in that time span. Irani had nothing to do with that rise in price, but he sure took advantage of OXY shareholders to award himself money that could have went to shareholder pockets or to building up the company. Irani and his BOD were rotten to the core.

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