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October 13, 2008
Executive Compensation and the Financial Crisis
In the wake of the financial crisis, or rather in the midst of the current crisis, there are a number of resources from various outlets on executive pay. Below are some, but if you have others, let me know and I'll add them:
- MSNBC Slideshow, "These Guys Made How Much? Their companies went belly-up, but they walked away with a fortune."
- AFL-CIO 2008 Executive Paywatch.
- New York Times, Apr. 5, 2008, "Executive Pay: The Bottom Line for Those at the Top," very good multimedia/graphic link with info on a large number of CEOs.
- House Committee on Oversight and Government Reform, Hearing on "Executive Compensation II: CEO Pay and Mortgage Crisis," March 7, 2008, with transcripts, video, and testimony. A USA Today story on the hearing is here.
- Center for Corporate Policy's Executive Compensation webpage.
- Video of Lehman Brother's CEO's testimony before Congress. Rep. Henry Waxman asks Richard S. Fuld, Jr. the basic question of whether the CEO's compensation was "fair?" Fuld questions the numbers but does not really answer the question. GREAT video. Here is the New York Times story on the same hearing.
-E.R. erosser@wcl.american.edu
October 13, 2008 in Current Affairs | Permalink
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