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Treasury Nominee Mnuchin's CEO Pay Straw Man

Sarah Anderson | Posted 01.24.2017 | Politics
Sarah Anderson

In response to questions from senators who will be voting soon on his Treasury Secretary nomination, Steven Mnuchin pulled an old trick on the issue o...

Portland Could Be The First City To Tackle Outrageous CEO Pay

The Huffington Post | Emily Peck | Posted 10.25.2016 | Politics

Portland, Oregon, may soon be the first American city to take a legal stand against outsized CEO pay. In an explicit bid to reduce extreme income ineq...

Three Things To Know To Hold Wells Fargo Accountable

Lynn Parramore | Posted 10.13.2016 | Business
Lynn Parramore

Here are three things anyone wanting to hold Wells Fargo accountable needs to know.

When Leadership Fails to Scale: 3 Keys for Leaders

Robert Hall | Posted 10.05.2016 | Business
Robert Hall

5,300 Wells Fargo employees fired over 2 million phony accounts CNN 9/9/16 Wel...

Wells Fargo CEO Should Pay Back All Scam-Inflated Pay

Sarah Anderson | Posted 09.29.2016 | Politics
Sarah Anderson

After being raked over the coals for one of the biggest scams in Wall Street history, Wells Fargo CEO John Stumpf has agreed to forfeit $41 million in...

There's One Big Unfinished Promise By Bill Clinton That Hillary Should Put To Bed

Robert Reich | Posted 09.08.2016 | Politics
Robert Reich

What can be done to deter pharmaceutical companies from jacking up prices of critical drugs? To prevent Wall Street banks from excessive gambling? To ...

Here's What Parents Of Kids With Life-Threatening Allergies Think Of The EpiPen Price Increases

The Huffington Post | LaurenWeber | Posted 08.29.2016 | Politics

Jennifer DiMercurio’s 7-year-old son, Liam, relies on the EpiPen, an auto injector used to treat anaphylactic shock, to save his life in the case of...

Banking On Trust

Keith Mestrich | Posted 08.18.2016 | Money
Keith Mestrich

Financial institutions can and should be a force for good. It's not enough for banks to only appear trustworthy or reliable. If major institutions want the hearts and minds of the public back, it's time for them to take broad, concrete steps to change the way they approach banking altogether.

1 Obscene Statistic Helps Explain Why Income Inequality Is So Bad

The Huffington Post | Emily Peck | Posted 07.12.2016 | Business

Chief executives certainly have demanding jobs ― requiring long hours, boorish appearances on CNBC and earnest declarations of their social commitme...

Vanishing The People's Wealth To Make The Bosses Richer

Ralph Nader | Posted 07.11.2016 | Business
Ralph Nader

How do these trillions of dollars of inert money accumulate? From conniving management that doesn't know how -- or want -- to deploy it to increase the value of the company and its stakeholders.

My Message to the DNC's Platform Drafting Committee

Chris Shelton | Posted 06.09.2016 | Politics
Chris Shelton

The goal for all working families remains a secure, sustainable job and a real improvement in our standard of living. Here's how we get there.

CA Philanthropist Keeps BlackRock on Defensive With CEO Pay Shareholder Vote

Capital & Main | LaurenWeber | Posted 05.27.2016 | Politics

At Wednesday’s New York shareholder meeting for BlackRock, the global investment management behemoth, it was anything but business as usual. In the ...

Trumped-Up Math and CEO Comp Study

Debra L. Morrison | Posted 05.25.2016 | Business
Debra L. Morrison

The AP's CEO compensation study released this morning shows the median CEO pay RAISE (okay, not their pay...just this year's raise) was $468,449; more than 10 times a typical worker's ANNUAL salary.

This Is How Much More Money CEOs Make Than The Typical American

The Huffington Post | Dave Jamieson | Posted 05.17.2016 | Business

Last year, executives at S&P 500 companies earned a whopping 335 times the pay of the average U.S. worker, according to a new analysis by the AFL-CIO....

CEOs Now Make 335 Times More Than Average Worker: Study

Reuters | Casey Williams | Posted 05.17.2016 | Business

BOSTON (Reuters) - Chief executive officers of S&P 500 companies on average made 335 times more money than the average rank-and-file worker last year,...

10 Reasons Why Bernie Thumps Trump

Les Leopold | Posted 05.11.2016 | Politics
Les Leopold

As Sanders wins yet another primary (the 19th overall), it might be useful to examine what a Sanders-Trump match-up might entail.

Reining in CEO Pay: Market Discipline at the Top

Dean Baker | Posted 04.12.2016 | Business
Dean Baker

As progressives are starting to learn, market discipline can be a beautiful sight when it is applied to those at the top. This resolution will be a big step toward bringing market forces into the CEOs' suite.

How to Land the Executive Job You Want

Stephanie Fiteni | Posted 02.23.2017 | Business
Stephanie Fiteni

By making sure you have a strong and clear online presence with increased visibility through blogging and social media, you will also make it easier for head hunters to find you. So you could be landing that job sooner than you think.

Trump Should Blame CEOs (Not Foreign Workers) for Retirement Crisis

Sarah Anderson | Posted 02.16.2017 | Politics
Sarah Anderson

Donald Trump showed a glimmer of reason in his last debate when he defended his position as the Republican Party's only presidential contender who is opposed to cutting Social Security. Alas, it was but a glimmer.

Death of the Shareholder and the Rise of the CEO Paymachine

FIXCapitalism | Posted 01.22.2017 | Business
FIXCapitalism

By Mark Blessington In Adam Smith's day, investment of personal savings into business drove economic growth. Most economic activity back then involv...

Big CEO Pay Grab-Effects Beyond Greed!

Ralph Nader | Posted 01.15.2017 | Politics
Ralph Nader

As the New Year gets underway, the highest-paid CEOs of many large corporations have already paid themselves more than the average worker will earn in the entire year! By the end of the first week of January, they had already made as much as their average workers will earn over 8 years.

Seniors and Veterans Deserve a Raise

Nancy Altman | Posted 12.17.2016 | Politics
Nancy Altman

As a member of Congress and the head of a social security advocacy group, we believe that it's time to take action to ensure that seniors, veterans, workers who have been forced to stop work as the result of serious and permanent disabilities, and others receive a badly needed raise.

Will ISIS Trump Sanders Populism? 10 Economic Facts that Won't Go Away

Les Leopold | Posted 11.20.2016 | Politics
Les Leopold

Our previous national focus on economic inequality is being drowned out, at least temporarily, by incessant calls for boots on the ground, no-fly zones, embargoing Syrian refugees and demands for increased surveillance -- the stuff of which the right thrives upon. Will the Sanders campaign also become a casualty of the ISIS assaults?

Social Security's 2016 COLA Is Zero. Senator Warren Has a Plan to Fix That.

Nancy Altman | Posted 11.06.2016 | Politics
Nancy Altman

By closing the "performance pay" loophole, Senator Warren's proposal would end a giveaway to the wealthiest in order to provide an extremely well-justified payment to tens of millions who have seen the value of their benefits slowly deteriorate for years.

Wage Theft Comes to America: The Facts That Drive the Sanders Revolt

Les Leopold | Posted 10.27.2016 | Politics
Les Leopold

Employers and their Wall Street backers have developed sophisticated legal ways to remove dollars that should be in our paychecks. And not just a few dollars, but about half of what we've earned. To explose this hidden larceny, we need to understand the concept of productivity and how we measure it in our economy.