Democratic Underground - How about the Boards of Directors governing American Corporations that decided to increase

Reply #22: How about the Boards of Directors governing American Corporations that decided to increase [View All]

Uncle Joe

(1000+ posts) Send PM | Profile | Ignore

Fri Nov-11-11 03:54 PM
Response to Reply #3

22. How about the Boards of Directors governing American Corporations that decided to increase

the ratio of CEO pay to their average workers from approximately 29x the rate in the late 80s to over 400 times that of their average employees today.

http://www.democraticunderground.com/searchresults.html?q=ratio+of+ceo+pay&sitesearch=democraticunderground.com&sa=Search&domains=democraticunderground.com&client=pub-7805397860504090&forid=1&ie=ISO-8859-1&oe=ISO-8859-1&cof=GALT%3A%23008000%3BGL%3A1%3BDIV%3A%23336699%3BVLC%3A663399%3BAH%3Acenter%3BBGC%3AFFFFFF%3BLBGC%3A336699%3BALC%3A0000FF%3BLC%3A0000FF%3BT%3A000000%3BGFNT%3A0000FF%3BGIMP%3A0000FF%3BFORID%3A11&hl=en

They must believe the average American worker is lazy beyond belief to promote such a tragically ridiculous, and unjust disparity of compensation for services rendered or they truly believe as Michael Douglas's character in the movie "Wall Street" so succintly put it "Greed is good."

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Reply #22: How about the Boards of Directors governing American Corporations that decided to increase [View All]