Working Life

I can’t tell whether there is a rift here but Democrats seem to be giving mixed messages–shocking!–on what the party’s plans are regarding the immoral Bush tax cuts. In today’s New York Times, Charlie Rangel, the new chair of the House Ways and Means Committee (and, as an aside, my congressperson) seems to say that […]

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See, i just can’t tear myself away from keeping you’all informed…I read this article several times yesterday and managed to keep from posting, so i could keep a promise to myself to finish a pile of other work…but…I digress. Yesterday’s Wall Street Journal had an amazing article, co-written by Mark Maremont, who I worked with […]

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The New York Times can’t get enough out of the riches pouring into Wall Street and the consumption that follows. Today, more on what those newly rich or even more rich will do with their bonuses: That is serious money. And the serious luxury goods markets are feeling the impact. Miller Motorcars, in Greenwich, Conn., […]

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And here I thought the CEO of Goldman Sachs should take the annual award for being the biggest pig at the trough. Silly me. With a deep apology to Lloyd Blankfein, may I introduce you to Hank McKinnell, the former chief executive of Pfizer, who is going to get a nice gift of $200 million […]

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I admit to having this fascination with the huge bonuses being doled out to Wall Street executives. Each day brings a new record. And it rings so Marie Antionette–48 million people without health care, pensions disappearing, wage growth puny if at all…and, in the face of all that, a few folks are just piling up […]

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As a New York City taxpayer, I want a refund from Goldman Sachs. And you deserve one, too, before the company cuts checks to shower $16 billion in bonuses throughout its executive suites. We are all paying for the enrichment of the investment bankers and rainmakers who are going to pocket tens of millions of […]

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More than a month ago, I posted a short item about the mad scrum that erupted in Times Square when a few thousands people lined up for 65 jobs–at M&M’s new store. Well, actually, it turns out I underestimated the insanity. According to the Daily News yesterday, 12,800 people filled out applications for the 198 […]

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We know something is wrong in this country. The facts are all around us. Most of the time I find the progressive/left rants about class war and inequality completely predictable and boring–even if I agree with the substance. So, I keep finding the comments by Ben Stein quite worth reading. Stein writes a regular column […]

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No surprise that there is a gap between CEO pay and people who earn the minimum wage. But, the gap still is pretty staggering to see, per the Economic Policy Institute: “CEO pay-to-minimum wage ratio soars In 2005, an average Chief Executive Officer (CEO) was paid 821 times as much as a minimum wage earner, […]

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