Thursday, September 18, 2008
CEO salaries.....the new definition of obscene
USA Today has an interactive chart on CEO salaries. While it is not new news that CEO's, particularly American ones, have been paid outrageous compensation, it is even more galling that they rake in the bucks even as they exit a company with their tails between their legs. The full article can be read at this link. The AFL-CIO has their own focus on this story. And Wikipedia has a nice tutorial explaining the how/what of CEO compensation. For the British viewpoint, see the FT. And on the European front, this FT link.