Video & Multimedia

TexasTowelie

(112,295 posts) Tue May 10, 2022, 06:50 AM May 2022

Survey shows Americans believe CEO pay is too high - CNBC Television

CNBC's Leslie Picker joins Shep Smith to report on the 'wealth gap,' which has widened to a point where CEOs now make about 235 times more than the median worker.

2 replies

= new reply since forum marked as read

Highlight:

Survey shows Americans believe CEO pay is too high - CNBC Television (Original Post) TexasTowelie May 2022 OP

If you have a stock prospectus look at the officers of the company. You will find every doc03 May 2022 #1

When I was in high-school we used a college text, Phoenix61 May 2022 #2

doc03

(35,355 posts)

1. If you have a stock prospectus look at the officers of the company. You will find every

Reply to TexasTowelie (Original post)

Tue May 10, 2022, 07:52 AM

May 2022

one of them is on the board of directors of at least one other company. If I am on the board of directors
of company "X" I am not going to vote against the CEO of company "X" getting a raise when he sits
on the board of directors of company "Y" where I am CEO.

Phoenix61

(17,006 posts)

2. When I was in high-school we used a college text,

Reply to doc03 (Reply #1)

Tue May 10, 2022, 10:04 AM

May 2022

“The Irony of Democracy.” It listed the top ten Fortune 500 companies and the name of each member on the board of directors. I don’t recall the exact number but it was something like 10 members on each board. When I ask people how many people were there so many say 100 but it wasn’t. It was 30 something. That was in 1978. It hasn’t gotten any better.

Reply to this discussion