Capital One CEO, Richard Fairbank, is one executive that hasn't taken a salary but maintained a nice paycheck in the form of stock options. The executive has booked around $29.3 million in compensation by selling approximately 470,000 stock options from the beginning of May through last Friday. The options carried strike prices set at $16.75 which gives him great incentive to increase the company's stock price while securing a salary - as the current share price stands at just over $75/share. However, many investors remained concerned, especially given the company's recent 24% drop in quarterly earnings and struggling subprime mortgages division. Moreover, the company announced last week that it would cut around 2,000 jobs in order to reduce expenses and boost its earnings. Management contends that many of these problems could be short-term and were somewhat unavoidable (given the sudden collapse of the subprime market).