Thursday, November 19, 2009

Farewell to Wall St.'s decade of hubris


from MSN:
By 2006, chief executives at the biggest U.S. companies had bumped up their compensation to 364 times that of the average worker, compared with just 40 times the average worker's pay in 1980. (Read "Is a CEO worth 364 times an average Joe?" for more on this.) They also pulled down an ever-growing list of perks.