But, Is It Big Enough to Hold All That Cash?? If I had to pick a single image that symbolized the breathtaking (and grotesque) leap in executive compensation at major corporations the last quarter-century or so, I might have gone with the Burj Khalifa (world’s tallest building), or perhaps an especially lavish Fourth of July...Read More
Exec Comp 2012: One CEO Equals . . . Everyone in Cleveland?!? In 1989, the chief executives of the seven biggest banks in the country made about 100 times the income of the typical American household, on average. On the eve of the crisis in 2007, they made more than 500 times the median. –Eduardo...Read More
Making the Janitor’s Annual Salary . . . Every 3 Hours! The inimitable (and frequently bombastic) Barry Ritholtz, author of The Big Picture blog, has a great post today dissecting absurd CEO compensation titled “American Pastime: Overpaying CEO’s.” His piece basically picks up where my post last Thursday (“Parsing Occidental CEO Ray Irani’s ‘Excellent Performance'”)...Read More
