CEO pay

Brother, Can You Spare $91.44 Billion?

Wall Street got $91.44 billion in bonuses for 2013.  The 98% of us want those bonuses paid back to the victims of the financial crisis.  We're pretty sure $91.44 billion won't even start to compensate for the damage.  A magazine, How To Spend It, is devoted to helping the super rich spend their newly acquired wealth.  The magazine is a fine example of unbridled greed and conspicuous consumption.

Swiss to Vote on Excessive CEO Pay

America may not get justice on outrageous executive pay but the Swiss might.  They are having a national vote on excessive CEO pay.

With more than 100,000 Swiss citizens having signed a petition to limit “fat-cat” pay, voters will decide at a March 3 referendum whether top executives should have their compensation set by shareholders.

Switzerland believes excessive CEO pay was imported from America.