You should just be happy that he took the pay cut. Regardless of what we think, Fred certainly deserves his pay. Unlike some of those executive f*&kers on Wall Street, the Banks, and the Big 3 automakers, FedEx is still very profitable, and so our executives are earning their money. The aforementioned clowns, should not only be shot, but all their assets taken to repay both their employees as well as their investors. There, I feel so much better now.
JJ