#7 Robert Bob Allen

Company: AT&T (1986 - 1997)

Ape-poch moment: He said that he felt no pain in accepting more money and firing thousands of employees.

Allen coerced a merger between AT&T and computer company, NCR Corp., which became one of the worst business deals of all-time: costing the company $12 billion and resulting in 50,000+ layoffs in the long run. As AT&T struggled financially during the '90s, reports surfaced that the former CEO received stock options that increased his pay from $6.7 million to $16 million soon after he enforced terminations. Allen showed no remorse and shared his greedy views with company execs during an annual AT&T meeting in 1996: "I feel no pain in accepting the compensation that may eventuate if—and only if—the shareholders, the customers and the employees of AT&T also benefit.”

#6 John Roth, Frank Dunn, and Mike Zafirovski

Company: Nortel Networks (1997- 2001), (2001 – 2004), (2005- 2009)

Ape-poch moments: Overestimating executive bonuses while withholding severance pay to former employees.

This  trio of terror was heavily criticized for terminating over 60,000 employees, awarding themselves ridiculous raises, and dropping Nortel’s(Nortel Networks Corporation),  market value from $398 billion to less than $5 billion. With that said, it’s shocking to see Nortel’s still in business. After massive layoffs occurred and company stocked crashed in 2000, Roth sold his options and walked away with $135 million. Dunn carried on the CEO tradition of personal gain by overestimating executive bonuses by $19 million and cashing in on $5 million alone, until investigators discovered he wrongly booked $3 billion in liabilities and the board was fired. Finally, Zafirovski withheld severance pay from the unemployed and chose not to finance the company’s pension fund, all while giving himself a pay increase of $10 million.