Raking it in at Walmart

| Jul 3, 2010 | Economy / BusinessChicago alderman Ed Smith tried to fight plans for Walmart to open a new store in his city by illustrating that its CEO Michael Duke’s $35 million annual compensation, “when converted to an hourly wage, worked out to $16,826.92,” ABC News reported....

CEOs Tip the Pay Scale

| May 12, 2010 | Economy / BusinessThe CEO of TJ Max more than doubled his compensation to $14.8 million. The CEO of Gillette took home $16.5 million in stock and salary last year. The chief executive of Affiliated Managers Group Inc. was rewarded with $18 million. And Yahoo CEO Carol Bartz earned...
Greed in the Suites Gets a New Yardstick

Greed in the Suites Gets a New Yardstick

| Apr 26, 2010 | Economy / BusinessDuring the Great Depression, a pay package for the top executive at National City Bank–the Wall Street giant we know today as Citigroup–scandalized the nation. It clocked in at more than $1 million, sparking an angry Congress to make corporations disclose...

Wall Street Gets It

| Feb 8, 2010 | Economy / BusinessI don’t know why people, even smart people, keep saying that bankers and the rest of the Wall Street crowd don’t get it. Dana Milbank, writing in The Washington Post, said it just the other week after Lloyd Blankfein, the Goldman Sachs chairman, testified...