Some People Have All the Luck
…and an outrageously large share of the wealth the rest of us have created.
…and an outrageously large share of the wealth the rest of us have created.
A new book explores an eminently doable route for confronting corporate greed
. . . but maybe start small
A Delaware state court ruling has shaken up the pay world for corporate execs
The Biden administration aims to undo contracting policy holdovers from the 1980s to boost public investment benefits for workers and their communities.
All companies receiving federal funds should face the same restrictions.
A new report reveals how stock buybacks have inflated CEO paychecks and widened pay gaps at the 100 largest low-wage corporations.
Their bipartisan plan is a step forward, but regulators already have the power to crack down on Wall Street’s reckless bonus culture.
Since 2008, the average Wall Street bonus has climbed by more than 75 percent, compared to just a 54 percent increase in average earnings of all private sector workers and a 42 percent rise in manufacturing wages. If the minimum wage had increased as much as Wall Street bonuses since 1985, it would be worth $42.37 today.
When it’s a choice between averting catastrophe and making money, Wall Street will always choose making money.
To end the tax games rich people play, we need more oomph than isolated officials can deliver.
Administration proposal would restrict insider trades, and impose a tax on stock buybacks that largely benefit the fat cats.
If the minimum wage had increased as much as Wall Street bonuses since 1985, it would be worth $61.75 today.
JPMorgan Chase CEO Jamie Dimon is urging shareholders to vote against a proposed review of the impact of bank policies and practices on racial inequality.
The 2020 bonus pool for 182,100 securities industry employees could pay for more than 1 million jobs at a $15 minimum wage for a year.