| Jun 21, 2017 | Economy / BusinessJeff Immelt, the CEO of General Electric since 2001, is retiring. The 61-year-old will be making a well-compensated exit. Fortune magazine estimates that Immelt will walk off with nearly $211 million, on top of his regular annual pay. Immelt’s annual pay hasn’t been...
| May 10, 2017 | Economy / BusinessJosh Elliott is fed up with overpaid CEOs. As the owner of a Connecticut natural foods market with 40 employees, he says he could never justify pocketing hundreds of times more pay than his employees. “I’m very much a capitalist,” Elliott told me in an...
| Apr 26, 2017 | Economy / BusinessIf you work in a corrupt system, you have two basic options. First, you could rationalize away your role in the corruption. If you ever left, you tell yourself, they’d just get someone else to do your job. Might as well shut your mouth and collect your paycheck....
| Apr 12, 2017 | Rights / DemocracyDid you pay all of your taxes this April? Wall Street banks typically pay much less than the official 35 percent corporate tax rate. And yet after attacking Hillary Clinton for her ties to Wall Street, President Donald Trump is pushing reforms that would make it even...
| Oct 5, 2016 | Economy / Business“Stumpf” is a German adjective for someone who’s obtuse, slow on the uptake, imperceptive, or to put it bluntly, stupid. Ironically, it also happens to be the surname of Wells Fargo’s CEO, who’s now mired in the most shameful banking...
