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sinkingfeeling Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 07:47 AM
Original message
CEO pay rises 28 percent — in one year
http://www.msnbc.msn.com/id/44893005/ns/business-forbes_com/

While the stagnant economy continues to hurt those at the bottom of the American workforce, there’s plenty of money for the .0001 percent at the top. (The compensation totals, compiled by Forbes’ stats guru Scott DeCarlo, include salary, bonuses, perks and the value of exercised stock options through Sept. 6. Sources are CompuStat ExecuComp and SEC filings).

Compensation for the chief executives of America’s biggest corporations is way up in 2011, 28 percent higher than last year on average, according to GovernanceMetrics International. If you were already in the top quartile of high-paid plutocrats, your comp nearly doubled. Cash bonuses are triple what they were before the recession.

But the Occupy Wall Street protesters are in the wrong place to picket the titans on this list. Wall Street is conspicuously absent from the top 10. The highest paid “bankster” is Jamie Dimon of JPMorgan Chase, who comes in 12th at $42 million, while Larry Fink of BlackRock is 16th at $39.9 million. Goldman Sachs‘ Lloyd Blankfein is way down at $21.7 million.

Forbes.com slidesshow: America’s 25 highest-paid ceos

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Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 07:50 AM
Response to Original message
1. Yeah, because without that extra pay, those CEO's would head for greener pastures...
Edited on Fri Oct-14-11 07:52 AM by Bozita
... like those melon fields in Georgia.



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Selatius Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 07:53 AM
Response to Original message
2. With Obamacare kicking in, several of those filthy rich CEOs will become even richer.
It pays to be CEO of a health insurance behemoth.
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raccoon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 08:20 AM
Response to Original message
3. SOBs. Kick kick kick & rec. nt
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Lance_Boyle Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 08:24 AM
Response to Original message
4. This shit should be on every news channel several times per day.
There should be billboards sharing this fact with everyone stuck in rush hour traffic waiting for the opportunity to exchange hours for dollars, and in every mode of public transportation. The billboards and public transport thing could actually happen if someone would bankroll it. The TV news? Never gonna give this the repetition it deserves. They know who butters their bread.

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NYC_SKP Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 08:40 AM
Response to Original message
5. T H E F T
Nothing less than theft, from stockholders and vendors and clients and workers.

This is fucking theft.

And Congress and lobbyists are complicit.

F U C K

x(

K/R
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Historic NY Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 08:56 AM
Response to Original message
6. Cause its hard working to bleed the public dry.
Edited on Fri Oct-14-11 08:56 AM by Historic NY
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sinkingfeeling Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 09:57 AM
Response to Original message
7. Hope everybody noticed that Forbes' top 25 CEOs are all white males.
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OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 10:34 AM
Response to Original message
8. Sickening n/t
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woo me with science Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 11:09 AM
Response to Original message
9. K&R
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moondust Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 11:20 AM
Response to Original message
10. Hall of Shame
Edited on Fri Oct-14-11 11:45 AM by moondust
Of course that's not enough. Next year they'll be back for another big raise.

Notice how many of those companies actually lost money for shareholders.
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