BUSINESS
04/03/2008 05:12 am ET Updated May 25, 2011

Google's Expensive Bodyguards Are Cheaper Than Larry Ellison's

After reviewing the Google (GOOG) proxy, Henry Blodget asks a reasonable question: How did Eric Schmidt spend $474,662 on security last year? One answer: By spending $58,093 less than he did the year before.

We don't know what Eric did to trim back his $532,755 bill from 2006, and we still don't know why the company spends a half-mil on his security -- but nothing on Larry and Sergey's. But we do know that by CEO standards, Eric's costs aren't beyond the pale. And by at least one measuring stick, Eric's security needs are minimal: Last year Oracle (ORCL) paid $1.7 million for Larry Ellison's security tab.

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