Month: April 2016

Kindred’s Diaz paid $14.5 million last year, and ‘Mr. Social Security’ charged with fraud

News about Louisville’s major employers; updated frequently.

KINDRED paid former CEO Paul Diaz a princely $11.6 million in special compensation last year as part of his move to vice chairman; that boosted his total to $14.5 million vs. $6 million in 2014, the company said in an SEC filing yesterday. The hospital and nursing home giant also disclosed it paid $2.2 million to buy CFO Stephen Farber‘s home in exclusive Glenview out of concern for his family’s personal safety amid a high-profile property dispute with a neighbor, the filing says; WDRB’s got background. (We track exec pay at big employers.)

In other newsEric “Mr. Social Security” Conn is charged with defrauding the Social Security Administration out of $600 million in disability payments in Eastern Kentucky.

What we loved for brunch in Buenos Aires

IMG_3055

An occasional look at premium travel from Louisville.

Where: Buenos Aires. When: Nov. 2-16. Airline: Delta. Route: Louisville to Atlanta to Buenos Aires. How much: $4,212 per person for mixed class (business and first). Delta reservations.

Top: Fresh fruit, granola and yogurt at Adorado Social Club in Buenos Aires’ Palermo Hollywood neighborhood. $9.

Related: TripAdvisor’s Buenos Aires page, where you can read more about restaurants in the trendy Palermo neighborhood. Airbnb Buenos Aires rentals. And 36 hours in Buenos Aires.

40 years ago: How much was that TV in the window?

smaller-cj-adIn the Derby Day 1976 issue of The Courier-Journal, Sun Television and Appliances at 725 E. Broadway advertised a Magnavox TV for a sky-high $499.76. (Free chicken and Coke were part of the bait, apparently.)

It looks even worse in 2016 dollars: $2,083, according to our friends at the U.S. Bureau of Labor Statistics. Meanwhile, today over at Best Buy on Shelbyville Road, the top-selling smart TV, a 40″ Insignia, is only $270. (But it’s bring-your-own-food-and-drink.)

And Sun Television and Appliances? RIP.