CBS Evening News for Friday, Dec 27, 1996
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(Studio: John Roberts) Report introduced.
(New York: Ray Brady) The obscenely high benefits paid to corporate executives even after death examined; details given of the benefits the families will receive upon the deaths of executives Charles Schwab, Occidental Petroleum Ray Irani, Fruit of the Loom Bill Farley. [Compensation analyst Judith FISHER - talk about the huge death benefits paid out to executives families.] [Executive ATTORNEY - talks about executive compensation.] The deals cut by Time Warner's Steve ROSS and Disney's Franks Wells for their estates detailed.
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