Bloomberg: Parsons' Executive Compensation is a Deal

Is the oily nimbus of greed that has of late ensorcelled the House of Luce resolved itself into a dew? In 2004 Dick Parsons had a total compensation of $16.2 million. In 2005 — the year Parsons fended off the formidable Carl Icahn — the Time Warner CEO’s salary declined to a mere $16 million. Last year, however, Parsons’s salary increased, and Bloomberg — of all places — thinks that he deserves it. From Bloomberg’s