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December 22, 2014
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Tag: Executive Pay


Were Top Corporate Executives Really Hogging Workers’ Wages?

Thomas Piketty attributes rising inequality in the U.S. primarily to huge increases in the salaries of CEOs and other top executives, but he misinterprets the evidence. Rising salaries of top executives actually explain very little of the rise in inequality, and they depressed other employees’ pay by only a negligible amount.

Posted on Sep 18, 2014 READ MORE



Swiss Curb Executive Greed; Will Anyone Follow?

Switzerland just had a referendum in which it voted to give company and bank shareholders veto rights over the salaries, bonuses and overall compensation packages of senior executives and board directors.

Posted on Mar 5, 2013 READ MORE



Institute for Policy Studies

Subsidizing the CEOs

Twenty-six of the nation’s largest corporations paid their CEOs more than they spent on taxes in 2011, according to a report by the Institute for Policy Studies.

Posted on Aug 16, 2012 READ MORE



Flickr / Medill DC

CEO Pay: A Teeny-Weeny Secret for Rich Folk

The House Financial Services Committee has voted to repeal a provision in last year’s Dodd-Frank financial reform law requiring public corporations to report the ratio between CEO and median worker pay. (more)

Posted on Jun 28, 2011 READ MORE


Free Market Madness

With Labor Day approaching, it must not go unnoticed that Angelo Mozilo, chief executive of Countrywide Financial—the company that has helped drive world markets into turmoil with its lending—raked in $42.9 million last year. The Nobel laureate Harold Varmus, chief executive of the Memorial Sloan-Kettering Cancer Center, was paid $2.5 million.

Posted on Aug 30, 2007 READ MORE


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