A More Down-to-Earth CEO Pay Plan

A More Down-to-Earth CEO Pay Plan

When do societies start taking a new idea seriously? Easy. New ideas gain traction when starkly different sorts of people champion them. This process is beginning to unfold with the notion of a “maximum wage,” the idea that we should limit the income of...
Empty Anti-Wall Street Rhetoric

Empty Anti-Wall Street Rhetoric

All those political campaign ads flooding our airwaves are hitting on dozens of different targets. One particularly: Wall Street. Between mid-April and mid-September, Ad Age reports, $1 out of every $10 spent on campaign ads has blasted Wall Street bankers. And these...
Risky Business

Risky Business

What makes Wall Street so attractive to ambitious workers and bright minds? It’s the same thing that also makes it so reckless: big paychecks. Americans get this, which is why Congress has passed a financial reform law to begin to repair the problem. But the...
The 10 Greediest Americans of 2011

The 10 Greediest Americans of 2011

You don’t have to make millions to rate as an all-star greedster. You do have to be ruthless, self-absorbed, and insensitive to others. Here’s my list of the 10 greediest Americans of 2011. 10. Michael T. Duke, Wal-Mart CEO Duke takes home his millions —...
CEOs Rewarded for Corporate Tax Dodging

CEOs Rewarded for Corporate Tax Dodging

For an elite group of American CEOs, sacrifice is for chumps. As the nation struggles with budgetary constraints, Congress has exempted a group of imperial CEOs and their companies from contributing to the solution. One special group of CEOs enjoys huge compensation...