Unlikely Allies Warren and Vance Join Forces to Claw Back Banker Pay
Their bipartisan plan is a step forward, but regulators already have the power to crack down on Wall Street's reckless bonus culture.
Their bipartisan plan is a step forward, but regulators already have the power to crack down on Wall Street's reckless bonus culture.
S&P 500 executives have stashed nearly $9 billion in special tax-deferred compensation plans not available to ordinary workers, our new report reveals.
Since 2008, growth in the average Wall Street bonus has far outstripped wage growth for ordinary U.S. workers.
Women CEOs are becoming slightly less rare at large corporations. But simply replacing men with women at the top of the income scale won't lead to greater equity.