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AP/Richard Drew

Pay Disparity for Women Starts Early

Women who land jobs right out of college earn just 82 percent of what their male colleagues are paid after one year, the American Association of University Women reports.

Posted on Oct 24, 2012 READ MORE



blogspot.com

Obama Orders Salary Cuts

In a move to quell public outrage, President Obama has ordered the government’s “pay czar” to cut by 90 percent the multimillion-dollar salaries that executives of seven bank and auto companies are receiving, citing the fact that these firms are entirely dependent on U.S. taxpayer money for financial survival.

Posted on Oct 22, 2009 READ MORE  |  15 COMMENTS


Kenneth Lewis
bloomberg.com

Slapping the Pay Cuffs on Execs

Amending current TARP rules and regulations, President Obama is expected to put a $500,000 cap on executive salaries at companies that receive large amounts of bailout funds. It would mean major pay cuts for the likes of Bank of America CEO Kenneth Lewis, who took home more than $20 million in 2007.

Posted on Feb 4, 2009 READ MORE  |  7 COMMENTS


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A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
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