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Executive Compensation

Citigroup's CEO's Monster Pay Package While Cutting Jobs. America's New Capitalism

Raymond J. Learsy | Posted 02.11.2012 | Business
Raymond J. Learsy

Wall Street banks in general are laying off more and more people given the headwinds of the financial sector. But that is the point. How many of the laid off could have been kept on the payroll with just a portion of Citigroup CEO Vikram Pandit's paycheck?

Americans Want Companies To Be More Public-Spirited: Poll

The Huffington Post | Alexander Eichler | Posted 11.16.2011 | Business

Americans would like businesses to start thinking about more than just the bottom line. Most people say that major companies care most about their ...

Sympathizing With 'Occupy' Protests, UK Business Secretary Would Consider Limiting Executive Pay

The Huffington Post | Bonnie Kavoussi | Posted 11.14.2011 | Business

In a sign that the Occupy London protests might be having some effect, a prominent member of the British government recently signaled that he would be...

COOs Got More Bonuses, Bigger Paychecks In 2010: Study

The Huffington Post | Alexander Eichler | Posted 01.04.2012 | Business

CEOs aren't the only ones whose paychecks keep getting bigger. For COOs, or chief operating officers, 2010 was a very good year. Many COOs experien...

Wells Fargo 125% Fee Hike

Iris Erlingsdottir | Posted 12.31.2011 | Business
Iris Erlingsdottir

Forty-five dollars for a transaction that a few weeks ago cost $20. What's the $25 increase for?

As Banks Announce Layoffs, Guaranteed Bonuses Making Comeback On Wall St.

The Huffington Post | Jillian Berman | Posted 12.24.2011 | Business

The practice of promising bank employees a generous bonus before they've ever even made a trade is making a comeback on Wall Street, even as the finan...

Wall Street Says It Expects Bonuses To Be Just As Big This Year

The Huffington Post | Jillian Berman | Posted 12.10.2011 | Business

While most Americans aren’t expecting their incomes to rise with the cost of living in the near future, more than 60 percent of Wall Street professi...

Occupy Wall Street's Outrage at Greed Can Expand to Corporate Stock Manipulation

William Lazonick | Posted 12.06.2011 | Business
William Lazonick

Rather than invest profits in building a strong economy, corporate executives invest in their own pay.

Corporate Capitalism is Still Incredibly Broken

Damien Hoffman | Posted 12.06.2011 | Business
Damien Hoffman

It's time we address it: the shareholder, employee, and entrepreneur class must eliminate the system of corporate cronyism acting as a malignant cancer in our economy.

Executive Pay Spiraling Upward As Corporations Race To Pay Their Top Brass The Most

The Huffington Post | Alexander Eichler | Posted 12.05.2011 | Business

The American economy may be faltering, but corporate executives needn't worry: Regardless of how well they perform, each one of them stands a good cha...

Challenging Not-for-Profit Executive Compensation

Joel Cohen | Posted 11.21.2011 | Business
Joel Cohen

If one seeks to universally cut back too closely on executive compensation in the not-for-profit sector, we may lose the best and the brightest.

Boss-Worker Income Gaps Face Scrutiny With Recovery Slowing

Posted 10.04.2011 | Business

LONDON (Ben Hirschler and Scott Barber) - A stuttering economy and anemic profit growth means company bosses' pay is unlikely to rise as fast this...

Sky-High Executive Compensation Kills Jobs, Innovation, and Prosperity

William Lazonick | Posted 09.13.2011 | Politics
William Lazonick

It's time to demand that US business corporations be governed according to the principles of innovative enterprise, and not by the anti-innovation principle of maximizing shareholder value.

Dave Jamieson

As Kaiser Workers Face Cuts, Execs Have Enjoyed Lavish Benefits | Dave Jamieson | Posted 09.11.2011 | Business

Despite strong profits and robust executive compensation at Kaiser Permanente, workers for the Calfornia-based health care giant say they're facing do...

Shocking Raises For American Executives

New York Times | Posted 09.02.2011 | Business

It turns out that the good times are even better than we thought for American chief executives. A preliminary examination of executive pay in 2010,...

Major Corporations Oppose New Rule Comparing Pay Of CEOs, Workers

The Huffington Post | William Alden | Posted 08.27.2011 | Business

Corporate America would rather not say how much it pays typical workers. In a lobbying push that adds to the slew of attacks on last year's financi...

Executive Compensation's New Normal: A Missed Opportunity

Ed Lawler | Posted 08.20.2011 | Business
Ed Lawler

Executive pay in the U. S. skyrocketed to reach an all time high in 2010. Looking ahead, we will likely find that the pay distance between executives and the rest of their organizations has gotten even greater.

Peter S. Goodman

Same As It Ever Was: Executive Pay Soars, Worker Pay Stagnates | Peter S. Goodman | Posted 08.15.2011 | Business

Nearly three years after the public bailed out Wall Street, ordinary working people are still waiting for the tiniest slice of the spoils, while the people who are getting the biggest share -- the executives -- are left free to gamble for profits.

Zach Carter

Labor Union Threatens To Support Progressive Challenger To Key Democrat Over CEO Pay | Zach Carter | Posted 08.10.2011 | Politics

WASHINGTON -- The nation's largest labor union federation on Friday threatened to challenge the powerful chairman of the Senate Banking Committee in t...

HSBC Chairman: Capping Executive Pay Would Be 'Irresponsible'

Posted 07.27.2011 | Business

LONDON (Sudip Kar-Gupta and Sarah White) - HSBC Holdings Plc executives faced investor anger on Friday over lackluster returns and high executive ...

BlackRock CEO Makes Fortune While Stock Sinks

Bloomberg | Nikolaj Gammeltoft and Laura Marcinek | Posted 07.25.2011 | Business

BlackRock Inc. (BLK) Chief Executive Officer Larry Fink told investors on a conference call in January last year that the world's biggest money manage...

"Idonomics" and the American Dream

Hoyt Hilsman | Posted 08.08.2011 | Los Angeles
Hoyt Hilsman

Over the past 50 years, the pleasure principle -- the id -- has dominated American society. The result has been "idonomics," in which the id dominates not only the marketplace, but also politics, media, technology and even our personal relationships.

Michael Sky is Dying

Norm Stamper | Posted 07.20.2011 | Books
Norm Stamper

Unless you live on a small, green island off Washington State, or haven't read his books or participated in his workshops, you've probably not heard of Michael Sky. He is a dear friend, and he is dying.

Asking for a Raise: How, When and Why

Donna Flagg | Posted 07.11.2011 | Business
Donna Flagg

Approaching the boss, asking for more money, and trying to explain why you think you deserve it can seem both an impossible and terrifying task, but it's not -- not if you can reframe it.

CEO Pay Now Exceeds Pre-Recession Levels

AP | By RACHEL BECK | Posted 07.06.2011 | Business

NEW YORK -- In the boardroom, it's as if the Great Recession never happened. CEOs at the nation's largest companies were paid better last year than t...