Republican Healthcare Plan Includes Huge Bonuses For Insurance CEOs

Corporate CEOs Are Making A Killing Under Trump

CEO Pay Exposed — Income Inequality Is MUCH Worse Than We Thought

Are the 99% whiners?

JP Morgan and the income inequality problem

The Other 98% Urges Wall Street to Donate $91 Billion in Bonuses to Victims of Financial Crisis

Maximum pay for the rich?

The Cruel Gap Between CEO Pay and the Stagnant Minimum Wage | Common Dreams

The Cruel Gap Between CEO Pay and the Stagnant Minimum Wage | Common Dreams
"It is time for a movement of the people to restore a level of minimal fairness to the compensation of working Americans and catch up with 1968."

Bankers Cry as EU Deal Aims to Cap Bonuses for Financial Industry | Common Dreams

Bankers Cry as EU Deal Aims to Cap Bonuses for Financial Industry | Common Dreams
"Once again proving more adept at reigning in the financial sector than its US counterpart, the European Union's parliament on Thursday approved a plan for new restrictions on banks operating on the continent that would cap bonuses for financial executives and bankers."

Wall Street’s Bonus Pool Has Quintupled Since 1985

Wall Street’s Bonus Pool Has Quintupled Since 1985: 2012 was the second most profitable year in Wall Street’s history, with banks making north of $140 billion. Wall Street’s bonus pool, while not yet back to the heights it achieved before the financial crisis, is growing again, and the average cash bonus hit $121,900. This is part and parcel of a longer trend on [...]/p

Abzocker! Taking the Lead Against Corporate Excess, Swiss to Vote on 'Fat Cat' Pay | Common Dreams

Abzocker! Taking the Lead Against Corporate Excess, Swiss to Vote on 'Fat Cat' Pay | Common Dreams
"Taking the lead in punishing the "lavish bonus culture" which many believe encouraged fiscal managers to take unnecessary risks consequently driving the global financial crash,citizens in Switzerland have successfully petitioned for a vote to limit "fat cat" pay on a March 3 referendum."

Meet the "The Untouchables"

Wall Street banksters have been committing rampant crimes against the American people for years - but have managed to escape punishment. Why did the Department of Justice refuse to prosecute these criminals - and what does this say about Wall Street's sway with the federal government? The banksters on Wall Street got away with murder, literally. There have been broken families, divorces, suicides, and even murders that arguably can be tracked back to people's lives being destroyed by the greed of the banksters on Wall Street. And not a single Wall Street executive has gone to jail.

Twinkie Robbed Worker's Pensions to Pay CEO Bonuses

According to a report by the Wall Street Journal , Hostess’ CEO, Gregory Rayburn, essentially admitted that his company stole employee pension money and put it toward CEO and senior executive pay

Wall Street Bank Cuts 11,000 Jobs After Paying Ousted Executives $14 Million

Wall Street Bank Cuts 11,000 Jobs After Paying Ousted Executives $14 Million: Citigroup announced on Wednesday that it will cut 11,000 jobs, or 4 percent of its workforce, in an effort to trim expenses. The moves comes one month after Citigroup paid out nearly $14 million to two former executives, CEO Vikram Pandit and Chief Operating Officer John Havens, who were ousted for poor management. The Citigroup [...]/p

Hostess CEO Cuts Worker Pay, But Leaves Own Salary Untouched

Hostess CEO Cuts Worker Pay, But Leaves Own Salary Untouched: After failed Twinkies-maker Hostess filed for bankruptcy in November, acting chief executive Gregory Rayburn imposed an 8 percent across-the-board pay cut on the company’s workers. Despite those cuts, Rayburn, who took the company over after its second bankruptcy filing in March, will not be subject to the pay cut because he is not technically a [...]/p

CEO Council Demands Cuts To Poor, Elderly While Reaping Billions In Government Contracts, Tax Breaks | Common Dreams

CEO Council Demands Cuts To Poor, Elderly While Reaping Billions In Government Contracts, Tax Breaks | Common Dreams
"CEOs belonging to what the campaign calls its CEO Fiscal Leadership Council -- most visibly, Goldman Sachs' Lloyd Blankfein and Honeywell's David Cote -- have barnstormed the media, making the case that the only way to cut the deficit is to severely scale back social safety-net programs -- Medicare, Medicaid, and Social Security -- which would disproportionately impact the poor and the elderly."

Hostess Employee Tells All About CEO Gutting Pensions, Pay Scales

Hostess Employee Tells All About CEO Gutting Pensions, Pay Scales
"This is only the tip of the iceberg. As equity funds have taken more and more control of companies, they have also robbed more and more employees of a living wage, their pensions, and more. One need only point to how bankruptcy laws were rewritten to understand how Hostess investors managed to make a killing and protecttheir investment at the expense of their employees, who paid for it with their hard-earned dollars.

There ought to be a law against that."

Macy’s CEO to American People: Drop Dead | Alternet

Macy’s CEO to American People: Drop Dead | Alternet
"Macy’s is a powerful symbol of Thanksgiving, with its festive parade and freakishly large floats. But Macy’s CEO Terry Lundgren is part of a group of greedy, unpatriotic CEOs who would like to seize this moment of American hardship and tear the rug out from under hard-working families. Moms, dads, grandparents, kids—he’d like to take a little something from each of you. Especially if you're poor: he’d really like to get into your purses.

Lundgren and a coalition of other big-time CEOs are lobbying Congress to cut Medicare, Medicaid and Social Security benefits so that they can enjoy tax breaks."

Hostess To Pay $1.75 Million In Executive Bonuses After Blaming Unions For Bankruptcy

Hostess To Pay $1.75 Million In Executive Bonuses After Blaming Unions For Bankruptcy: Hostess Brands, the maker of sweet snacks like Twinkies that filed for Chapter 11 bankruptcy protection last week, will ask a bankruptcy judge today to approve a plan that will allow it to pay $1.75 million in bonuses to 19 of its executives. Hostess’ decision to file for bankruptcy came amid disputes with its union [...]/p

The New Robber Barons: How Taxpayers Subsidise CEOs' Multimillion Salaries | Common Dreams

The New Robber Barons: How Taxpayers Subsidise CEOs' Multimillion Salaries | Common Dreams
"The report proves the case made by thousands of protesters who took to the streets last September as part of the Occupy movement, and that of investors who stormed annual meetings this year as part of the "Shareholder Spring" to reclaim enterprises from many overpaid CEOs."