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...
A Flat-footed Backflip for Wall Street

A Flat-footed Backflip for Wall Street

Congress, which had been so tied up in a partisan knot by right-wing extremists that it became unable to move, suddenly sprang loose at the end of the year. Before heading home for the holidays, it put on a phenomenal show of acrobatic lawmaking. In one big,...
Spinning Failure into Gold

Spinning Failure into Gold

What amazing alchemists Wall Street bankers are! They can turn failure into gold and reform into business as usual. These sorcerers have pulled off both tricks right in front of us since their 2007 collapse. They turned that gross failure into an ongoing...