CEOs

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CEO Bonuses Shoot Up 30.5%
 CEO Bonuses Shoot Up 30.5% 

CEO Bonuses Shoot Up 30.5%

Some shareholders express disapproval

(Newser) - So far, it’s looking like 2010 was a banner year for CEOs. An analysis of disclosures released by 50 major corporations reveals that the median CEO bonus jumped 30.5%, the Wall Street Journal reports, significantly outpacing the companies’ 19.4% median net income growth. Some of the biggest...

We Need a Real Populist in Next Election

America's wealth gap has spiraled out of control: David Francis

(Newser) - With the gap between rich and poor Americans exploding—and hardly anyone talking about it—what Washington needs is a “genuine populist,” writes David R. Francis in the Christian Science Monitor . Some quick facts: The wealthiest 1% “took 23.5% of the nation’s income in 2007,...

Angry CEOs Aren't Shy About Blasting Obama

They're worried about taxes, regulations

(Newser) - Big-business CEOs are unloading on President Obama with unusual ferocity, writes Michael Brush at MSN Money . Consider the following attacks:
  • Verizon CEO Ivan Seidenberg says Obama has created an "increasingly hostile environment for investment and job creation."
  • Cypress Semiconductor's TJ Rodgers thinks it's "amateur hour in Washington.
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