Page 44 - Executive Pay News Today

Rich and the poor. for anyone who follows this stuff closely, should we be surprised by what were seeing? >> no, we shouldnt. i think the pope two days ago, when he condemned what had happened in the bangladeshi factory as slave labor was really speaking to this issue of no matter where workers work, all workers are entitled to decent living conditions and globalization cant just be something that is solely to pad corporate profits and executive pay. it also has to raise living standards in thes...

Management recommending a no vote and frequently -- you know, iss and other -- proxy advisory firms recommend frequently that these -- big groups are just vote along management. >> i would -- information from the proxy votes, institutional investors. they are a feckless and greedy lot. they dont want to spend any money on this kind of stuff. they want to just simply invest like the index. and charge the fees and not get involved in these kind of disputes. they dont even vote their interests when...

Bailout rage returns. cnbcs mandy drury is here with whats moving your money. and at a time where most workers would be happy to get any kind of raise, big pay hikes still going out to companies that got billions of dollars in taxpayer bailouts. >> thats right, chris. according to a watchdog report this morning, the treasury department ignored its own guidelines on executive pay at firms that received taxpayer bailouts. and last year approved compensation packages of over $3 million for senior e...

Stock after it tumbled 14% putting apple in the most valuable spot. toyota, the auto maker the worlds largest auto maker thanks to a 23% surge. general motors announced spending millions to upgrade an assembly plant. meanwhile, a government watchdog is calling autothe pay czar for executive pay. companies bailed out by the government, aig and ally financial. we have heard chicken wings are more expensive this time of year. men stole $65,000 worth of tyson frozen chicken wings. straight ahead, we...

The bakery convectionary, tobacco workers and grain millers. >> and that rolls off the tongue, hence the bakers union. >> i think we have to be clear on something. you all want to blame this entirely on the unions. this company has been in trouble for a longtime. it filed for lang rupt see in -- it filed for bankruptcy in january. the company lost money in 30 of the past 37 quarters. leading up to the bankruptcy filing, they say the company was converting some of the executive pay from performan...

A new study by the financial times shows that bank ceos saw their pay rise by nearly 12% last year. another sign that wall street is recovering much faster than main street. in 2009, compensation for some ceos actually declined after ken feinberg reduced pay levels for top executives at seven firms that received the most bailout money. three years later, he writes did the program have any lasting impact on wall streets compensation incentive structure? reducing the likelihood that executives wou...

Fine under this president, no mistake about it, he just wants fair bs, but under him, the market has been up 4140 points. so the question is, why are we seeing willard romney getting more money out of wall street and big business when business has done fine under this administration, its a question of who speaks for who. >> right, its not just the stock market, the corporate profits went to record levels, executive pay has gone to record levels, and the gap is growing bigger. so you know, why do...

the courts of corruption. her husband and four others could also be charged criminally this morning. well bring you the latest developments as soon as they become available. >> zoraida, its not even 5:00 and you said perverting. france is ushering in a new era with the swearing in of the new president fran so i hollande. hes expecting to push new ways to deal with the new crisis. hollande has blasted the way people have dealt with the crisis. hes frances first socialist president since...

but certainly beyond that someone took charge of a cover-up which we were victim to and i regret. >> the hacking scandal has engulfed murdochs vast media empire and resulted in dozens of arrests and two parliamentary investigations. a live report from london coming up in just about eight minutes. the prosecution star witness is back to the stand today in the criminal trial of former presidential candidate john edwards. edwards is accused of using contributions from campaign donorses ...

>>stuart: big labor going after c.e.o. pay and peter barnes? >>peter: the afl-cio is pushing hard to push c.e.o. compensation down. in the annual executive pay watch report the union said average c.e.o. pay noon s&p 500 companies rose 14 percent to $13 million which called egregious, 380 times the average wage for a worker last year of 34,000 and said some c.e.o.s earn their high pay but others do not because of board room back scratching and the union thinks the shareholder vote at citigroup op...