How sky-high rewards for CEOs turn respectable enterprises into muggers of the American dream.
America’s overpaid corporate execs have plenty of people to thank for their good fortune. But America’s taxpayers — the source of the subsidies that keep excessive CEO pay flowing — are still waiting for some small sign of gratitude.
The Democrats, once again, have chosen not to challenge the incredible concentrations of wealth that sit at America’s economic summit. These concentrations have consequences. We explore one — at General Motors.
Celebrated CEO superstar Jack Welch is having a blast in retirement. He seems to have a new mission in life: defending over-the-top corporate executive compensation.
Another celebrated American executive is creating economic havoc, this time in the auto industry. What makes ostensibly smart CEOs act so dumb? We explore how over-the-top rewards play out.
The Dutch are angry about over-the-top CEO pay, and they’re not going to take it any more. Could the Dutch clamp-down on executive excess actually spur action elsewhere?
. . . you’ll likely find, suggest billionaire Mark Cuban and recent corporate history, worried workers and cheated consumers
How much higher can executive pay rise? Corporate shareholders, corporate boards are learning to their chagrin, may no longer have the patience to wait and see.
The managers of high-finance hedge funds are translating the woes of the world into billion-dollar paydays that would have been impossible to believe even just half a dozen years ago.
The latest round of annual CEO pay reports reveal that corporations are still shelling out big bucks to execs who perform poorly. But that’s not the prime reason CEO pay should have us horrified.