Page 49 - Executive Pay News Today

Shedding jobs and boosting executive pay to the top. and we looked at, as you say, the top 50 companies, the top 50 layoff leaders. their pay is 42% higher than their overpaid peers on the standard and poors. some of those layoff leaders, you know, if you look at fred hassen, paid $50 million, laid off 16,000 workers at the drug company. william welding, johnson&johnson, 9,000 workers, $26 million pay package. mark herd over at hewlett packard, laid off 6,400 workers. >> and this was after getti...

England and take the profit out of it because you shouldnt be making money off of sick people. do you believe that? >> i believe that the for-profit health insurance should be replaced, absolutely. >> that lets me know where you are coming from. these guys, these ceos of these companies are making enormous amount of money. average of $40 million a year for the top five. this guy 111 million he walks away with. okay? but these guys could work for another company in a private, you know, concern an...

Outrageous insurance fees. the only thing that is different than your top of the story memo is the insurance industry does not need the health care plan from obama as an excuse to raise rates and pay too much executive pay. they have been doing it long before obama came into office. theyre going to do it -- >> bill: thats true. thats one of the reasons obama care got passed. our investigation shows there are three things that kicked in right away. number one, that all insurance companies have to...

England and take the profit out of it because you shouldnt be making money off of sick people. do you believe that? >> i believe that the for-profit health insurance should be replaced, absolutely. >> that lets me know where you are coming from. these guys, these ceos of these companies are making enormous amount of money. average of $40 million a year for the top five. this guy 111 million he walks away with. okay? but these guys could work for another company in a private, you know, concern an...

Put more people into medicaid. added cost down the road and you are going to have to pay for it. >> bill: you essentially agree with me that the reason that the health insurance companies are spiking the prime yums now is -- premiums now is they are anticipating costs the federal government is going to levy upon them. >> they are bearing now. >> bill: three. more kicking n 14. >> what i disagree with you is that the profits made by insurance companies and executive pay is in some way jacking up ...

Outrageous insurance fees. the only thing that is different than your top of the story memo is the insurance industry does not need the health care plan from obama as an excuse to raise rates and pay too much executive pay. they have been doing it long before obama came into office. theyre going to do it -- >> bill: thats true. thats one of the reasons obama care got passed. our investigation shows there are three things that kicked in right away. number one, that all insurance companies have to...

>> obama health care reform will put more people into medicaid. added cost down the road and you are going to have to pay for it. >> bill: you essentially agree with me that the reason that the health insurance companies are spiking the prime yums now is -- premiums now is they are anticipating costs the federal government is going to levy upon them. >> they are bearing now. >> bill: three. more kicking n 14. >> what i disagree with you is that the profits made by insurance companies and executi...

England and take the profit out of it because you shouldnt be making money off of sick people. do you believe that? >> i believe that the for-profit health insurance should be replaced, absolutely. >> that lets me know where you are coming from. these guys, these ceos of these companies are making enormous amount of money. average of $40 million a year for the top five. this guy 111 million he walks away with. okay? but these guys could work for another company in a private, you know, concern an...

Square. others barely made headlines. bryant vinas accused of attacking a u.s. military base in afghanistan, and providing al qaeda with details about new yorks rail system. many, including chesser, allegedly used the internet to contact radicals like anwar al awlaki, who has been tied to the ft. hood massacre and the failed christmas day and times square bombings. >> i think this is what we have feared for a very long time, that finally the ideology of radical islam is effectively reaching into...

House rules. their two-year investigation centered on his real estate holdings, fund-raising and financial disclosure. rangel gave up leadership of the house ways and means committee in march because of a sepate in marchhiccause of a sepate elc e c to prove his innoc >> i feel extraoriy that my supporters over 40 years will be able to evalua >> specific cha rangel will be revealed at public hearing on t an openly gay army officer is calling his discharge from the military infuriating and painf...