Top 100 CEO Retirement Savings Equals 41% of U.S. Families
Source: Bloomberg Business
by Jesse Drucker Carol Hymowitz Caleb Melby
http://twitter.com/JesseDrucker
http://twitter.com/CalebMelby
October 28, 2015 — 12:01 AM EDT
CEOs' $4.9 billion in excess of 116 million people's accounts
Former Yum CEO Novak tops list with $234.2 million in savings
The retirement savings accumulated by just 100 chief executives are equal to the entire retirement accounts of 41 percent of U.S. families -- or more than 116 million people, a new study finds.
In a report scheduled for release today, the Center for Effective Government and Institute for Policy Studies found that the 100 largest chief executive retirement funds are worth an average of about $49.3 million per executive, or a combined $4.9 billion. David C. Novak, the recently departed chief executive officer of Yum! Brands Inc., is at the top of the list, with total retirement savings of $234.2 million.
In recent years, pay and income inequality across different income groups have received increasing attention in the U.S. Significantly less attention has been focused on the growing gulf in retirement savings, a lack of focus that the study’s authors say they are attempting to address.
“This CEO-to-worker retirement gap is a lot bigger than the pay gap and one more indicator of the extreme level of inequality that is really tearing the country apart,” said Sarah Anderson, the report’s co-author and the global economy project director at the Institute for Policy Studies.
Read more: http://www.bloomberg.com/news/articles/2015-10-28/top-100-ceo-retirement-savings-equals-41-of-u-s-families
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"France, less favoured on the whole as to matters spiritual than her sister of the shield and trident, rolled with exceeding smoothness down hill, making paper money and spending it. Under the guidance of her Christian pastors, she entertained herself, besides, with such humane achievements as sentencing a youth to have his hands cut off, his tongue torn out with pincers, and his body burned alive, because he had not kneeled down in the rain to do honour to a dirty procession of monks which passed within his view, at a distance of some fifty or sixty yards.
"It is likely enough that, rooted in the woods of France and Norway, there were growing trees, when that sufferer was put to death, already marked by the Woodman, Fate, to come down and be sawn into boards, to make a certain movable framework with a sack and a knife in it, terrible in history. It is likely enough that in the rough outhouses of some tillers of the heavy lands adjacent to Paris, there were sheltered from the weather that very day, rude carts, bespattered with rustic mire, snuffed about by pigs, and roosted in by poultry, which the Farmer, Death, had already set apart to be his tumbrils of the Revolution.
" But that Woodman and that Farmer, though they work unceasingly, work silently, and no one heard them as they went about with muffled tread: the rather, forasmuch as to entertain any suspicion that they were awake, was to be atheistical and traitorous."
It is way, way past time for a bigger change than we even have on the table. 
fyi - If I had a religion, it would be the IWW.
We need an industrial union. 1. It will control the work and assets. The members can buy or own or ?, but they control the work.
Too many people forget that the reason we got the milk toast changes of FDR (those that business LET him have) was because of the struggle of those prior to FDR.
That is partly by design. Most people's schooling starts with FDR because they don't want to teach you that there were Americans who thought they should control their own work, and that the government helped kill them off.
Mother Jones, Big Bill Haywood, James J. Matles, and many others envisioned a time when workers would control their work. They rejected socialism and communism (these things are recorded in their words, in their biographies at your local university library - with letters of complaint from the communist organizers back to Russia - lol), and they didn't want the horrors that unrestrained capitalism benefitting the few (as we have today) had visited upon us. They came to the realization that ownership would have to be part of it. They talk about not having come up with the answer before the government killed them off. Maybe it would have meant cooperatives, like that developed in Spain in the 50s (Mondragon).
Around 1913 the Walsh Commission met to study work conditions. Testimony was given by Haywood, Mother Jones, and others (good stuff). One of the things that came out of it was a back-of-the-napkin calculation of the amount of money business was spending on spies, assassins, politicians, and police, dirty tricks, etc.
`$80 million a year was his calculation. That was in 1913. Try that in an inflation calculator, and reflect on whether you think business is spending less or more to get their way today. 
They used it to conspire with the government and the AF of L, the "business union" (Mother Jones might have spit on the ground with that one, after they got her 60 year old body thrown in jail), and to jail or kill off unions and union members using a variety of excuses, with their opposition to WWI being the last major one.
The IWW was fighting for freedom. When they quit, we lost. They quit fighting because business, the government, and the business union conspired to defeat them.
But mostly they lost because that conspiracy had convinced a majority of the American people that a little comfort at work was better than fighting for freedom.
Until that comes back, this is all just Dancing with the Stars.
Also, there's no limit to fantasy.
Fantasizing about cutting off the heads of thousands of people doesn't turn my crank, but if that's your thing...
Well, to each their own, I say.
