The Wall Street Journal has a pretty conventional, yawn piece about a subject which not a yawn: trying to get some fairness back in rules governing workers’ rights and abilities to form a union at work…which is almost non-existent these days. But, what caught my eye is this: At a House Education and the […]
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Jonathan Tasini's Ruminations on Work, The Economy, and PoliticsTag Archive | "Wall Street Journal"
Assertions With No Facts
Posted on 12 November 2009.
Today, The Wall Street Journal had a story entitled "Unions Push Issues in State Capitals". The story told a tale of unions trying to move legislation that advances "card check" protections and similar measures that would make union organizing more fair. What struck me were the last two paragraphs of the story: The […]
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CEO Pensions: Where The Money Really Is
Posted on 03 November 2009.
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 […]
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CEOs Boosting Their Pensions While Workers Pensions Go Poof
Posted on 27 January 2009.
I suppose nothing should surprise us. But, here’s another one in a list of "let them eat cake" moments: CEOs are getting major boosts in their pensions, while the pensions of most Americans have either disappeared or take a major hit. This article largely escaped notice in last week’s Wall Street Journal, whose […]
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You Got Screwed, CEOs Made A Fortune
Posted on 21 November 2008.
This is a story that seems all too familiar, but it’s worth repeating each time it happens: trillions of dollars in retirement and savings are gone, millions of jobs will be lost, we’re facing a severe economic crisis that could go on for a number of years, and we could be in for a […]
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Your Tax Dollars Are Paying Bank Execs Billions: Wall Street Journal
Posted on 31 October 2008.
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 […]
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Corporations Using WORKERS Money For CEO PENSIONS
Posted on 04 August 2008.
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 […]
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