The data in the latest executive pay survey from the AFL-CIO effectively undercut the case for excessive pay that emanates regularly from CEO flacks — and back up the new Dodd-Frank reform that requires major firms to disclose their pay ratios between top execs and typical workers.
A consumer alert for soccer moms and doting granddads: Outrageous compensation rewards give corporate executives an incentive to behave outrageously — against you!
Taxpayers are subsidizing over-the-top CEO pay by the billions. But now on the table: a promising new proposal that encourages corporations to share that excess — or else.
Hedge fund honchos bet on stocks. They bet on gold. They bet on lawsuits. Most of all, they bet that the rest of us will never wise up to the awesome giveaway our current tax code ladles on them.
Two scholars have just released the first detailed calculations on the total payoff that went to top high-finance CEOs in the eight years before the U.S. economy crashed in 2008. Over that span, the new numbers reveal, the CEOs at 14 major financial institutions took home $2.7 billion.
Has Jim DeMint, the right-wing senator leading the assault on federal domestic spending, finally gone too far? His corporate executive benefactors may soon come to think so.
Corporate America is working feverishly behind the scenes to smother a new federal mandate, enacted last year, that just might revitalize the drive to roll back excessive executive pay. Sometimes lobbyists — even the most perfectly coiffed — mess up. Lobbyists for Corporate America messed up big-time last summer. They let slip into law, via [...]
Executive pay Down Under is rising at even faster than U.S. top exec pay, details a new Australian Council of Trade Unions report. Australia’s unions are calling for a cap on CEO salary set “at a maximum of 10 times” worker wages and a higher tax rate on firms that pay their CEOs over $1 million.
Realigning the interests of CEOs with their employees and the rest of our country would be good for the economy and national morale.