Every spring, top U.S. media outlets and business research organizations release compensation surveys that detail executive pay levels over the preceding year. These surveys seldom sample the same corporations — or measure pay the exact same way — and, consequently, almost always generate somewhat different results. This Too Much table compares the various reports released in 2010 on CEO pay for 2009.
At what point will our world wake up to the fantastically rewarding scam that our hedge fund masters of the universe have been running?
If a blunder you committed cost your employer $4 million, how long would you stay employed? In America today, a CEO can cost his company $4 billion and still collect both a paycheck and a bonus.
Financial industry insiders are grousing about a big downturn in annual bonuses. They should be thanking the rest of us — bombshell new research shows — for their continuing awesome good tidings.
Pundits and politicians love to righteously denounce the windfall rewards that go to corporate CEOs who ‘fail.’ But windfalls for CEOs who ‘perform,’ researchers suggest, ought to worry us far more.
A new report from the Institute for Policy Studies documents how America’s top corporate execs are stiffing Uncle Sam at tax time — and lavishly lining their own pockets in the process.
Federal agencies are now preparing new regulations for enforcing the banker pay reforms enacted last summer. These new regs, says the AFL-CIO, need to prohibit the ‘incentive’ that’s still stuffing bankers with billions.
The latest figures on Wall Street bonus compensation reveal a recovery that starts — and stops — at America’s economic summit.