Oct
05
The US economy is going to the dogs, so why is CEO pay on the rise? As reported here, median executive compensation has more than quadrupled over the last four decades while everyone else's wage…
Jul
04
In one of the most obscene revelations, we now discover that some American CEOs are making close to $90 million a year in salary and perks. All this at a time when US unemployment is sitting at 9.1 …
Jun
19
Screw the investors, we'll just take their money. Goldman Sachs is rewarding its executives with big bucks at a time when the company has its back to the wall.Bloomberg reports that analysts hav…
May
08
Further confirmation that income inequality in America is getting worse.As reported here, the US Federal Reserve's quantitative easing policy, where basically the Fed is just printing money, ha…
Apr
11
The US is still struggling with unemployment and foreclosures as people are thrown out of their homes. Retirement incomes are disappearing But there's one group in America that's doing well…
Apr
06
Alarming revelations about the pay of American CEOs during the greatest economic disaster since the Great Depression.USA Today reports that their pay went up an astonishing 27% in 2010. For ordinary…
Apr
02
Work this one out! Transocean, the company that managed BP's Gulf of Mexico oil rig which exploded last year and left 11 dead with oil gushing into the ocean claims it has achieved its "be…
Apr
01
There is something very wrong when you read reports of how the richest 25 hedge fund managers made an eye-popping $22 billion last year. That's right, they made close to $1 billion each!Much of…
Feb
03
What's wrong with this picture? Pay on Wall Street has reached record levels while the money coming in for ordinary Americans is heading the other way.The Wall Street Journal reports that the 2…
Jan
31
In case you haven't been following it, Goldman Sachs finished 2010 with a humbling admission of a 52% decline in its fourth quarter earnings.So why is it that the bank has announced that it is …