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Profiling CEOs and Their Sociopathic Paychecks

Thom Hartmann | Posted 05.25.2011 | Business
Thom Hartmann

What part of being a CEO could be so difficult -- so impossible for mere mortals -- that it would mean that there are only a few hundred individuals in the United States capable of performing it?

Frank Eyes Friday For Executive Compensation Vote

The Hill | Silla Brush | Posted 05.25.2011 | Politics

House lawmakers next week plan to cast their first votes on President Obama's overhaul of the financial regulatory system by taking up new restriction...

A Wall Street Windfall Profits Tax: Now or Never?

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

Wall Street will get its outrageous bonuses again, and the finance casino will reopen for business. This is both a recipe for disaster and the best moment we've ever had to end Wall Street's domination of our economy.

Calpers Sues Rating Agencies: Where's Obama? Where's Congress?

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

Fantasy finance inevitably leads to financial crashes, which are a disaster for the real economy. Along the way, bankers get filthy rich. But when the game goes bust, we are the ones picking up the tab.

Happy Days are Here Again! (Here = Wall Street)

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

What did Goldman Sachs actually do that was useful for society, after having helped to drive our economy off a cliff? And why aren't our elected leaders doing something about it?

The New Economy Won't Be Like the Last One

Sarah van Gelder | Posted 05.25.2011 | Business
Sarah van Gelder

The current economic downturn offers an exceptional opportunity to rebuild and, this time, to make it an economy that works for all.

Mega-Bonuses Could Make A Comeback Soon

Telegraph | Jeffrey Goldfarb, | Posted 05.25.2011 | Business

This time around, however, the banks should be in a better position to defend against public scrutiny. Start with revenue. Despite the upheaval in ...

Rx for CEO Pay: Fire Ours, Hire Theirs

Mark Goulston, M.D. | Posted 05.25.2011 | Business
Mark Goulston, M.D.

Can a zebra change it's stripes? Think of the people you know who have reached adulthood exhibiting deep attitudes of entitlement, selfishness and av...

Bailout Bank Execs Get Big Payouts

ProPublica | Posted 05.25.2011 | Business

Yesterday, the Treasury Department released new rules [1] on how much banks that received TARP money can pay their executives. Among the rules is one...

Citigroup Bonuses: Bank Pays Millions To London Traders

The Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

The timing couldn't be better. With the Obama administration readying new compensation guidelines for certain financial companies, Forbes reported Tue...

Fear and Looting in America: Should We Worry if Wall Street Loses its Top Talent?

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

the financial industry is whining about how it will lose "top talent" and therefore would be at a competitive disadvantage to firms that don't have such constraints.

Goodbye/Hello 1 "AIG And Corporate Shenanigans"

Patt Cottingham | Posted 05.25.2011 | Business
Patt Cottingham

Goodbye to CEOs whose only end game was manufacturing money. Hello to CEOs whose opening game starts with being influential, inspired leaders.

Fear and Looting in America: What Really Caused the GM Bankruptcy?

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

Since the mid-1970s, the top fraction of the top one percent has garnered the lion's share of rising GDP.

Fear and Looting in America: Be Happy as Wall Street walks off with Your Money

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

Should we stop whining and accept the new economic realities? No thank you.

Unsure How to Vote Your Exxon Mobil, Chevron and Other Proxy Ballots?

Kim Cranston | Posted 05.25.2011 | Politics
Kim Cranston

See how organizations and people you trust, like Ed Begley, Jr., Ceres, Pride Foundation, Responsible Endowments Coalition, recommend you vote and why.

Fear and Looting in America: Geithner Caves to Wall Street

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

We need a President's Wage Cap because the Obama administration does not want to put the screws to Wall Street's lavish compensation packages.

Obama and the Incredible Shrinking Financial Sector

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

Obama's goal is on the money -- bring finance back into balance as the junior partner to the real economy rather than a bloated and tyrannical lord.

Headline from Hell

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

2008 was an off year??? That's like calling 1929 an off year.

Is Paul Krugman Afraid of His Own Logic?

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

Krugman makes a great case against the enormous pay packages Wall Street is still awarding itself. He says he hopes our leaders "carry through with real reform." Which is what?

Faux-Populist "Tea Parties" Ignore Tax Breaks for Overpaid CEOs

Art Levine | Posted 05.25.2011 | Politics
Art Levine

There's a useful way to channel anger over corporate pay abuses and tax ripoffs that does far more than venting mindless anti-Obama, anti-tax rage at "tea party" rallies.

More CEO Pay Hikes Than Cuts In '08

Yahoo! Finance | Kim Dixon | Posted 05.25.2011 | Business

WASHINGTON (Reuters) - More U.S. chief executives got pay raises than had their pay cut in 2008, a year when billions in taxpayer dollars went to prop...

The Highest Paid CEO's In Chicago

Chicago Sun-Times | Sandra Guy | Posted 05.25.2011 | Chicago

Chief executives' pay has become the Enron of the worst financial crisis since the Great Depression -- how can leaders who make tens of millions of do...

Letters to Obama: What About Wall Street?

Mary Lou Song | Posted 05.25.2011 | Business
Mary Lou Song

You did the right thing about asking Wagoner to step down, but that it is not enough. We need more action, Obama. We need more fairness and non-partisanship in your office and in congress.

Obama Admin Aiming To Help Firms Sidestep Bailout Rules

Washington Post | Amit R. Paley and David Cho | Posted 05.25.2011 | Business

The Obama administration is engineering new bailout initiatives in a way that it believes will allow firms benefiting from the programs to avoid restr...

Obama and the Age of Empathy

Dev Patnaik and Peter Mortensen | Posted 05.25.2011 | Business
Dev Patnaik and Peter Mortensen

Rather than look inward for additional cost cuts they can develop, it's high time that executives inside companies get outside of their bubbles and discover what the rest of the world needs from them.