The takeaway from the latest top gun flame-out at Hewlett-Packard: Chief executive ’success,’ in America today, essentially demands no more than greed and a developmentally arrested ego.
Over half of America has already felt the Great Recession, personally and profoundly. Yet life at our economy’s summit remains ever so sweet. That’s a bitter reality we really ought to start confronting.
Don’t be fooled by all the poor-mouthing around the latest annual executive pay surveys. With Washington dithering on CEO pay reform, America’s chief executives still have plenty of reason to celebrate.
A broad swatch of mainstream religious leaders, across the Atlantic, now want to see top executive compensation tied to a fixed multiple of what companies pay their lowest-paid workers.
Labor leaders at last week’s Alpine assembling of global bankers and CEOs came with a simple pledge: We’re going to fight to cap your pay.
A relative handful of Americans, a key congressional panel forecasts, will take home more this year than half the nation’s taxpayers combined.
This Too Much table compares the various media surveys released in 2009 on CEO pay for 2008.
But Wall Street’s mainstream critics still can’t bring themselves to challenge the top executive ‘right’ to reap enormous riches.
The White House pay czar isn’t reforming Wall Street. He’s cutting deals with it. We need to understand the difference.
Can excess on Wall Street ever be ended? Maybe. Some lawmakers in France have a plan that could end it.