Tag:
Pay cap
Latest Headlines
Latest Headlines
Are banking executives really going to suffer?
The New York Times offers an article noting that $500,000, the new pay cap for top executives of TARP banks, isn't much. By one estimate, it takes $123,322 to live the same middle-class life in NYC as someone earning $50,000 in Houston. So the new cap is essentially like asking a Houston resid
See the incredible shrinking CEOs
The Financial Times offers a neat applet that interactively notes how the top CEOs will fare given the new $500,000 pay cap. You can see CEOs shrink before your very eyes! The biggest losers seems to be Jamie Dimon, of JPMorgan Chase, and Lloyd Blankfein, of Goldman Sachs, who will see their t
