Shareholders shot down a proposal to end the Wall Street firm’s rubberstamping of outrageous CEO pay packages, but the vote shined a spotlight on the problem.
A Nation magazine look at the showdown at BlackRock over the dark role the Wall Street money manager plays in our nation’s CEO pay problem.
That has to be Yahoo, where they’ve been busy manufacturing mega-millionaires one CEO at a time.
A coal baron’s prison sentence could be a wake-up call for corporate execs. Even they do not sit above the law.
The just-departed “father of Silicon Valley” may deserve high praise for his life. Did he also deserve mega millions for his work?
A champion of fairness, Representative Martin Sabo fought for working people to reduce inequality. We’re proud to have worked alongside him.
New Senate bill would ban use of taxpayer bailout money from corporate executives golden parachutes.
This week’s edition of America’s top progressive weekly features a cover story that spotlights how we can ‘unrig the rules and reverse runaway inequality.’
Donald Trump is blaming foreign workers — and ignoring the CEOs who’ve gutted worker pensions while they pump up their own golden nest eggs.
The leading advocate for U.S. restaurant workers is releasing a new book that aims to redefine success in the deeply unequal restaurant business.
In India, major corporations now have to disclose their CEO and median worker pay. U.S. corporations may soon have to finally follow suit.
The latest executive compensation regs proposed by the Securities and Exchange Commission won’t put any real brake on CEO pay excess. What would? We have a list!
A new online petition drive is protesting the incredibly high prices that enormously overpaid pharmaceutical company CEOs charge for cancer drugs.
Should America’s taxpayers be subsidizing all those millions in compensation that CEOs are collecting? At least some members of Congress don’t think so.
Researchers at the International Monetary Fund are detailing just how much societies suffer — and top execs grab — when trade unions have no strong presence. But IMF officials still aren’t paying attention.
The SEC finally moves, ever so slightly, against wagers that reward CEOs when their companies fail.
Economists will give you all sorts of answers based on technical factors, but in the end it all comes down to one word: inequality.
To keep corporate income taxes low, either we have to keep individual income taxes high or we have to cut back on government services. In other words, it’s corporations versus people. That’s not class warfare. That’s simple arithmetic.
Leaving aside the wealthy 1%, the other 99% Realonomy has been in recession for a dozen years or more.
CEOs Get Massive Rewards for Dodging Corporate Taxes As the Super Congress eyes trillions in budget cuts that will undermine the quality of life for most Americans, here’s a stunning fact to contemplate: Twenty-five hugely profitable U.S. companies paid their CEOs more last year than they paid Uncle Sam in taxes. In other words, the […]