Posted on 03 November 2009. Tags: Class Warfare, Corporate Greed, Ellen Schultz, Pensions, Wall Street Journal
I have written recently that the debate over CEO pay obscured the true source of executive over-the-top compensation: the astronomical levels of money hidden in the pensions of CEOs and top executives. Today, we have more confirmation about the draining of corporate money into the hands of CEOS via their retirement parting gifts. The […]
Read the full story
Posted in General Interest
Posted on 31 October 2008. Tags: Bank of America, Bankers Bailout, CEO Greed, Ellen Schultz, Fannie Mae, Freddie Mac, Goldman Sachs, J.P. Morgan, Wall Street Journal
Want to know where $40 billion of your taxpayer-financed bailout for bankers is going? Into the pockets of their executives. And that evidence comes straight from a hard-hitting piece in today’s Wall Street Journal. The Wall Street Journal piece is entitled "Banks Owe Billions to Executives". It is written by Ellen Schultz, one of […]
Read the full story
Posted in General Interest
Posted on 04 August 2008. Tags: Class Warfare, Corporate Greed, Ellen Schultz, Intel, Pensions, Wall Street Journal
Just when you thought the greed and outrageous behavior of corporate America could get no worse, the leaders of companies have sunk to a new low: they are using workers’ pension money to fund CEO pensions. No this is not a joke. The evidence is laid out today in The Wall Street Journal by […]
Read the full story
Posted in General Interest