The Men’s Club

The Men’s Club

Most people would probably guess that the upper echelon of corporate America is an exclusive, virtually males-only club. And they’d be right. A new Institute for Policy Studies report shows just how exclusive this club is. Over the past two decades, there are...
Paying for Poor Performance

Paying for Poor Performance

On Wall Street, they’re giving Microsoft CEO Steve Ballmer the bum’s rush. Ballmer has just announced he’ll soon retire. After his announcement, Microsoft’s shares shot up 7 percent. The wise guys on Wall Street obviously can’t wait to...
Runaway CEO Pay Gets a Free Pass

Runaway CEO Pay Gets a Free Pass

Only 10 percent of Americans now have confidence in Congress, Gallup informs us. No other major American institution has ever had an approval rating this low. But public confidence in Congress would probably sink even lower if average Americans knew more about what...
How We Pay for CEO ‘Performance’

How We Pay for CEO ‘Performance’

Federal unemployment benefits for 400,000 Californians out of work since last fall recently dropped 18 percent, a $52 cut out of weekly checks that average $297. Similar cuts are rolling out in other states. In all, long-term unemployed Americans will on average lose...