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...
Walmart’s Top-to-Bottom Taxpayer Subsidies

Walmart’s Top-to-Bottom Taxpayer Subsidies

Low-income families weren’t the only ones hurt by cuts to food stamps last fall. Top Walmart executives also took a hit. The cutbacks ate into the discount giant’s sales because so many of its low-income customers rely on this public assistance program to...