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CEO Pay Has Increased By 937 Percent Since 1978

The Huffington Post | Rebecca Hiscott | Posted 06.12.2014 | Business

A new report by the Economic Policy Institute shows that CEO compensation at the largest corporations has ballooned by 937 percent since 1978, when ad...

Skyrocketing Health Insurer CEOs' Paychecks Are "Crazy," Says Executive Comp Expert

Wendell Potter | Posted 06.09.2014 | Business
Wendell Potter

Almost all of the publicly traded health insurers reported big increases in revenue and profits last year. The big winners have been the top executives of those companies, led by Mark Bertolini, CEO of Aetna, the nation's third largest health insurer.

The Threat of CEO-to-Worker Pay Disparity and How to Change It

Keith Mestrich | Posted 06.05.2014 | Business
Keith Mestrich

The new record of already stratospheric executive pay is another sign that the staggering growth in the CEO-to-worker pay gap we've seen over the last half-century isn't changing anytime soon -- unless we step up and take action.

Why Do We Worship CEOs?

David Macaray | Posted 06.03.2014 | Business
David Macaray

People complain about professional athletes being overpaid, but don't bat an eye when some hapless CEO who earns $6 million a year gets fired for incompetence, and then collects a $10 million Golden Parachute.

My Workers Are Better Than Your Workers

Leo W. Gerard | Posted 06.03.2014 | Business
Leo W. Gerard

The U.S. Chamber of Commerce threw a little hissy fit last week, stomping its Gucci-shod feet over a new rule requiring corporations to report the difference in pay between their median workers and their CEOs.

Walmart Engineers Fat Executive Raises As Customers Struggle To Eat

The Huffington Post | Jillian Berman | Posted 05.29.2014 | Business

Low-income Americans have had a rough year, which means Walmart has, too. Good news, though: The company's executives aren't going to suffer. When...

Why Media Executives Make Such An Insane Amount Of Money

AP | By RYAN NAKASHIMA | Posted 07.28.2014 | Media

LOS ANGELES (AP) — Once again, media company CEOs are among the highest paid executives in the nation, occupying six of the top 10 earning spots acc...

CEO Pay Crosses Ridiculous Threshold

AP | By KEN SWEET | Posted 07.27.2014 | Business

NEW YORK (AP) — They're the $10 million men and women. Propelled by a soaring stock market, the median pay package for a CEO rose abo...

Help Wanted: Slow and Expensive Accountant

Sarah Anderson | Posted 07.23.2014 | Politics
Sarah Anderson

Fortune 500 company is seeking a highly unproductive senior accountant to help inflate the cost of complying with a new federal law requiring that all publicly held corporations disclose the ratio between their CEO and median worker pay.

Zach Carter

Iowa Senate Candidate Earned Millions Leading Company That Paid No Taxes

HuffingtonPost.com | Zach Carter | Posted 05.22.2014 | Politics

WASHINGTON -- Mark Jacobs, a top GOP contender for the seat of departing Iowa Sen. Tom Harkin (D), made more than $34 million as a top executive at Re...

How 100 Gargantuan Companies Stack Up On CEO-To-Worker Pay

The Huffington Post | Kevin Short | Posted 05.15.2014 | Business

Just how much more do the heads of major companies make than their workers? A new interactive from PayScale, a business research group, illustrates...

The Hedge Fund That Ate Chicago

Les Leopold | Posted 07.09.2014 | Politics
Les Leopold

There's a battle royale raging in Chicago. It pits hedge funds, the Chicago financial exchanges, real estate interests and Mayor Rahm Emanuel on the one side, against public employee unions and community groups on the other.

Stuart E. Eizenstat: Director of the Day

Dean Baker | Posted 07.08.2014 | Business
Dean Baker

Stuart E. Eizenstat, a graduate of Harvard Law School, currently leads the international practice of the law firm Covington & Burling.

Buffett Wants Coke To Make Big Change

Reuters | Posted 05.01.2014 | Business

(Reuters) - The Coca-Cola Co is likely to revise its controversial equity compensation plan for executives before it goes into effect in 2015, follow...

Fast Food Pulls a Fast One

Michael Winship | Posted 06.30.2014 | Business
Michael Winship

Our tax dollars are subsidizing both the fast-food workers who need the help and the companies' CEOs who don't.

Buffett Defends High CEO Pay: It's Not 'Out Of Whack'

The Huffington Post | Alexander C. Kaufman | Posted 04.28.2014 | Business

Warren Buffett defended skyrocketing CEO pay and brushed off criticism for refusing to vote against a controversial compensation plan for Coca-Cola ex...

Here's All You Need To Know About Capitalist Class Solidarity, Courtesy Of Warren Buffett

The Huffington Post | Chris Gentilviso | Posted 04.26.2014 | Politics

For a fresh example of capitalist class solidarity, look no further than this week's case of Berkshire Hathaway CEO Warren Buffett and Coca-Cola's exe...

Judith Rodin: Director of the Day

Dean Baker | Posted 06.23.2014 | Business
Dean Baker

Judith Rodin is president of The Rockefeller Foundation, which held $3.7 billion in assets as of its 2012 annual report. That year, the foundation distributed $130 million in grants and charitable activities while taking in a net investment income of $283 million.

Dave Jamieson

Staggering Income Inequality Found In Fast Food Industry

HuffingtonPost.com | Dave Jamieson | Posted 04.23.2014 | Business

David Novak, the CEO of YUM! Brands, which owns Taco Bell and KFC, took home more than $22 million last year after exercising stock options, according...

Watch: What the 1 Percent Don't Want You to Know

Bill Moyers | Posted 06.21.2014 | Politics
Bill Moyers

A new book that's the talk of academia and the media shows that two-thirds of America's increase in income inequality over the past four decades is the result of steep raises given to the country's highest earners.

Pity the Poor Exorbitantly-Paid CEOs

Robert J. Elisberg | Posted 06.21.2014 | Business
Robert J. Elisberg

Being paid exorbitant bonuses for failing is the problem. Not that people who succeed didn't help the needy enough.

Watch: America's Mad Dash Toward Oligarchy

Bill Moyers | Posted 06.21.2014 | Politics
Bill Moyers

A new report shows that top CEOs were paid 331 times more than the average U.S. worker in 2013. At the same time, the poorest fifth of Americans paid an average tax rate of 11 percent while the richest one percent contributed half that rate at state and local levels.

Lloyd Blankfein Was Paid $19.9 Million Last Year

AP | STEVE ROTHWELL | Posted 06.04.2014 | Business

NEW YORK (AP) -- Goldman Sachs Chairman and CEO Lloyd Blankfein's total compensation rose by almost 50 percent to $19.9 million last year, boosted by ...

A Conservative Executive Pay Plan

Bartlett Naylor | Posted 05.24.2014 | Business
Bartlett Naylor

In the end, stronger laws will be required to staunch the looting of American corporations by senior executives. Chair Camp's laudable tax measure constitutes an important expression that conservatives are willing to help, and we hope the Camp-Reed-Doggett effort sees success.

The 'Paid-What-You're-Worth' Myth

Robert Reich | Posted 05.14.2014 | Business
Robert Reich

It's often assumed that people are paid what they're worth. According to this logic, minimum wage workers aren't worth more than the $7.25 an hour they now receive. If they were worth more, they'd earn more. Any attempt to force employers to pay them more will only kill jobs.