The stimulus package Congress was poised to pass tonight imposes new restrictions on executive compensation that could erase multimillion dollar pay p...
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Economists use the term "human capital," but nowhere in accounting principles are people counted as an asset -- only as an expense.
If the point is to stop the legal looting of corporate treasuries and leave some money in the till for regular workers, when you get right down to it, the CEO pay caps aren't meaningful.
A political question of the moment is whether taxpayers concerned about subsidizing bloated salaries on Wall Street will feel an equal discomfort about playing a similar role in medicine and higher education.
On CBS Thursday morning, Steve Forbes commented on whether there is something wrong when, in 2006, for example, the average CEO made as much in a sing...
Speaking with Larry King Wednesday night, Donald Trump defended President Obama's move to limit pay for executives receiving bailout money, calling t...
WASHINGTON — President Barack Obama imposed a $500,000 pay cap on some senior executives whose firms receive government financial rescue money, ...
Obama continued his criticisms of Wall Street bonuses in his weekly address Saturday following his strong comments this week about the amount of money...
Arianna and Pablo Camacho respond to this year's "Davos Debates" question: should company executives have a code of ethics similar to doctors and lawyers?
If I had turned an ungodly profit by putting my seal of approval on investments that turned out to be garbage, I'd be deeply worried about personal liability and jail.
Are these corporate managers making the right moves during tough economic times, or are they shortsighted and dumb?
It is time to define who the enemies in this "war," who the agents of economic terrorism actually are.
The financial system was supposedly broke. America wants the CEOs begging for cash to act like broke people.
A salary cap would leave CEOs free to do what is best for their corporations, the economy, and families -- rather than focus on ways to jack up the price of their stock each quarter.
The public's indignation over lavish executive pay has rippled beyond the circles of activist investors and corporate governance watchdogs, who for ye...
This morning, Senator Chris Dodd warned that Congress might take a step that would send shivers down the spines of every CEO: federal caps on executive pay.
More than 750,000 people have lost their jobs since the beginning of the year -- 160,000 last month alone, the most in more than 5 years.
The Wall Street salary structure has helped set the standard for CEO pay across the economy, and helped establish a culture where executives consider outlandish pay packages the norm.
Bush is playing dumb so we won't notice that his final stroke in office will be to make the Republican Revolution permanent and impossible to repeal for decades to come.
They're talking about pushing through the largest bailout in history without any hearings. No time to debate the issues. Just ram it through. That says a lot by itself. Shock doctrine, anyone?
It's pretty hard these days to justify astronomical executive pay. In 2007, the average CEO's pay of $10.5 million was 344 times higher on average than the average worker's wage.
In the rush to globalization, the United States has tossed aside a crucial principle that guided the economic prosperity of the twentieth century: co...
Soaring private jet use reflects skyrocketing wealth inequality, in the United States and globally. Also, private jet use is subsidized as well by commercial air traffic.
McCain can "pledge" to reform Wall Street business practices all he wants, but he hasn't walked the walk in the Senate in past years, nor has his party ever done so.
After a 38% collective pay raise in 2006, chief executives of the 500 biggest companies in the U.S. (as measured by a composite ranking of sales, prof...
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