This year, for the first time, shareholders in the United States can vote on CEO pay. UK shareholders have had that right since 2002, but it hasn't slowed CEO pay excess. A new UK High Pay Commission report explores why.
The data in the latest executive compensation survey from the AFL-CIO effectively debunk the justifications for excessive pay that come from CEO flacks — and buttress the Dodd-Frank reform act provision that requires major firms to disclose the pay ratio between their top execs and typical workers.
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.
