I’ve written extensively about greed and CEO pay, particularly in "The Audacity of Greed". So, I like to see the non-traditional press pick it up and stick with it. Here’s a piece by Michael Hiltzik in The Los Angeles Times, which is a follow up piece by him on Ray Irani of Occidental Petroleum:

   Yes, I owe an apology for that column … to my readers. I didn’t do justice to Ray Irani’s compensation. It’s worse than I let on.

   I mentioned that Irani’s compensation could exceed $56 million this year, but not that it has been estimated at more than $850 million over the last decade. Or that his payout has averaged three times that of comparable companies in the oil and gas industry. Or that Oxy’s pay practices put it in the cross hairs of activist investors, in part because the incentive thresholds that turbocharge Irani’s payouts have been set so low.

   The rest if worth reading to show how greedy people, and the corporate boards that carry their water, just do do not know the boundaries of ethical behavior and even the limits of being truly a pig.