Presidential Politics and CEO Pay

Presidential Politics and CEO Pay

Politicians love to beat up on overpaid CEOs. In the wake of the 2008 financial crash, Republican presidential candidate John McCain lashed out at executives of bailed-out banks, calling for their pay to be cut to the salary level of the President of the United...
You’re Overdrafted, They’re Overpaid

You’re Overdrafted, They’re Overpaid

Almost two-thirds of Americans today — 63 percent — don’t have enough savings to cover an unexpected $500 expense. Anything from an emergency brake job to a refrigerator on the fritz could zero out their bank accounts. Most American households, in other words, are...
King Coal Is Headed to Prison

King Coal Is Headed to Prison

So long, Don, it’s been God-awful to know you. Don Blankenship, who was the King of King Coal, is headed toward a place he never imagined he’d end up: federal prison. The ruthless former CEO of the Massey Energy company arrogantly assumed he was above the...
Requiem for a Wrecking Ball

Requiem for a Wrecking Ball

Aubrey McClendon’s 2013 Chevy Tahoe ignited after he slammed into an Oklahoma City overpass at high speed. Flames charred the brazen oil and gas executive’s body so badly that medical experts relied on dental records to verify that he’d died. One day before...
Working Until It’s Time for Your Grave

Working Until It’s Time for Your Grave

“My plan is just to work until I die.” That’s how my mom sums up her retirement prospects. She’s worked more than 40 hours a week as a legal secretary in north Florida for as long as I can remember. When my brother and I were kids, we went to her office every Saturday...