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Sunday, September 1, 2013

This is a pretty sad story about the enormous salaries earned by the top CEO's in the United States - at taxpayers' expense!


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Why Supersized CEO Pay Is the Worst—in Three Charts
by
Sarah Anderson

"At the Institute for Policy Studies, we’ve tallied the top 25 highest-paid CEOs for each of the past 20 years."

"That’s a total of 500 richly rewarded executives—each one of whom made more in a week than average workers could make in a year. We’re told CEOs deserve these massive rewards because they add exceptional “value” to their businesses. They’re getting “paid for performance.”

"Financial bailouts are just one example of how a significant number of CEO pay leaders owe much of their good fortune to taxpayers. Government contracts are another. CEOs of firms on the federal government’s top 100 contractors list occupied 62 of the 500 slots on the annual highest-paid CEO lists of the last 20 years. In the same years that their CEOs pocketed some of corporate America’s fattest paychecks, these firms received $255 billion in taxpayer-funded federal contracts." More -- http://bit.ly/186Zbrc


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