This shame game just might rein in CEO pay where previous attempts have failed, said Gretchen Morgenson at The New York Times. Once the pay gap is boiled down to an “easily graspable and often decidedly shocking number,” employees and consumers might actually protest, and red-faced corporate boards will be forced to act. As soon as the outlandish ratios begin coming out, we’ll hear from … Continue reading The public shaming of America’s CEOs
I spent my first fourteen years in the Catholic church but really haven’t kept up with the details except for an occasional theology study. I know the picture here is a once in an era event. It has been centuries since a pope has resigned from office. The first thought that came to mind when I saw the picture here is that of two very … Continue reading Pope — CEO Or Spiritual Leader???
The title to this post came from one of the organizers of the Wall Street protests that are taking place across the country. More power to the people baby!! :) It basically infers that we ordinary people who take risks with our assets (money) have to pay the consequences of when we make the wrong decisions. But the capitalists, meaning those large Wall Street firms, … Continue reading Capitalism For Us and Socialism For The Capitalists….
Source Article: Businesses turn to private exchange health insurance – USATODAY.com. This is an interesting article about how some CEOs are giving up trying to figure this health insurance mess out and passing it on to their employees and pensioners. They just give them a set sum of money and basically hand them over to some former insurance executives for advice. In other words they are on their … Continue reading I Can't Figure It Out, So You Are On Your Own…
RJ's Corner 