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| AMD's Ruiz Gets A Raise? |
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 Let's see. Spend billions on a merger. Fail to execute on time. Miss product launch dates. See your companies stock value plummet into the toilet... *AND* get a raise? Man we need jobs in corporate America. AMD's Chairman and CEO Hector Ruiz somehow managed to get a 7% raise, according to an SEC filing here . Aren't corporate officers supposed to be answerable to Boards and shareholders? If we still had any AMD stock, we would likely be a bit ticked off right now, a feeling I'm sure is shared by many AMD shareholders after this little gem came to light. One thing is for sure. Now you know why he is smiling. *Update* AMD responded to this story after it hit the Internet and upset many. Apparently the AMD senior staff member confirming the story made a mistake. The raise actually did not occur recently, but occurred over year ago. Since then, his pay has changed +24,000USD, which is due to new accounting practices involving travel expenses. Ruiz is the highest paid CEO in the semiconductor industry. Add this page to your favorite Social Bookmarking websites           
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