The financial crisis of 2008 and its painful aftermath wiped out jobs, incomes, savings, home equity and economic opportunity throughout the country. But it did not wipe out rich paydays on Wall Street. The average bonus on Wall Street last year was $146,200,...
In “America’s Stacked Deck” (column, Feb. 18), Nicholas Kristof identifies the central question facing voters in this election cycle: Should we come together to find solutions to our economic hardships, or should we find scapegoats to blame for our current woes? Mr....
Novak tops the list of Fortune 500 CEOs with the largest retirement nest eggs, according to a study from two progressive think tanks – the Center for Effective Government and the Institute for Policy Studies.
… Security analysts said the new plan may be just enough to preserve the status quo. “Keeping 5,000 U.S. forces in Afghanistan with a training and direct action mission may prevent the country from deteriorating as quickly as Iraq did after the U.S. withdrawal...
It is a confounding truth about outsize executive pay — all past attempts to rein it in have failed. So why does anyone expect a different outcome from theSecurities and Exchange Commission’s new rule requiring disclosure of the gap between what a company’s chief...
The Wall Street bonus pool for last year is roughly double the total earnings of all Americans who work full time at the federal minimum wage. That claim, which comes from a new report from Sarah Anderson of the Institute for Policy Studies, is one of the more...
…If policy were focused on rebalancing the economy, Wall Streeters would still be well off. But many others could be better off, too. This chart, from a new report by the Institute for Policy Studies, a progressive think tank, shows that Wall Street’s latest...
A year after the arrest of an Indian diplomat accused of exploiting a domestic worker in New York ruptured relations, India and the United States have put the episode behind them, and President Obamaarrived here Sunday to hail a new era of cooperation. During his...
The February leak has also cast doubt on the Energy Department’s safety calculations. Robert Alvarez, a nuclear waste expert and a former special assistant to the energy secretary, said that a safety analysis conducted before the repository opened predicted one such...
“This is a slippery slope if I ever saw one,” said Phyllis Bennis, a scholar at the Institute for Policy Studies, a research organization for peace activists. “Whatever else we may have learned from the president’s ‘dumb war,’ it should be eminently clear that we...
Wall Street compensation continues to dwarf the pay in other industries. The Institute for Policy Studies, a liberal-leaning research group, said on Wednesday that the $26.7 billion in bonuses would be enough to more than double the pay of the 1.1 million full-time...
