Moral Outrage
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Posts Tagged ‘CEO compensation

Excessive Compensation for Bailout Barons

September 6, 2009

One year after the global banking system collapse, the IPS Annual Executive Excess report — “America’s Bailout Barons” — shows that the perverse system of executive compensation which contributed to the financial meltdown is still thriving for top bailout recipients. Last April, President Obama spoke out against excessive executive compensation, saying, “In order to restore […]

American Overlords and Serfs

August 9, 2009

By the year 2000 CEO pay had soared to the point where the average chief executive earned compensation equal to 500 times the average hourly wage. In real buying power, an American today works, on average, for about the same wage he got before the Reagan administration. The average man earns less per hour worked […]