Today, CEOs eat your salary for lunch

18
Jul/10
0

“An average CEO earns more before lunchtime on the very first day of work in the year than a minimum wage worker earns all year” (Economic Policy Institute).

I am reading Ralph Nader’s Crashing the Party: How to Tell the Truth and Still Run for President (about his 2000 run), and I must say I learn a new disturbing tidbit about the State of the Union on nearly every page.  On page 92, Nader is surprised to find Fortune, of all magazines, publishing an article entitled “The Great CEO Pay Heist,” which describes the exploding pay packages of top CEOs.