Average Fortune 500 CEO Annual Pay Now > $15 Million. A YEAR. “A Walmart employee earning the company’s median salary of $19,177 would have to work for more than a thousand years to earn the $22.2 million that Doug McMillon, the company’s chief executive, was awarded in 2017.” –“Want to Make Money Like a C.E.O.? Work...Read More
What’s in a Word? “Imˈ- pound”: seize and take legal custody of something — especially a vehicle, goods, or documents — because of an infringement of a law or regulation. –Dictionary definition Once upon a time, the fees that lenders collected in advance from home buyers for such things as property taxes and home insurance...Read More
Fiscal Cliff Semantics From watching the fiscal cliff negotiations from (very) afar, I’ve gleaned two things to date: 1) apparently, the $250k threshold for raising income taxes has now been raised to $400k (the Republicans initially insisted on $1 million); 2) we now have yet more evidence that President Obama is a lousy negotiator (Gail...Read More
