A thief is still a thief, even when he's the boss.

William K. Black calls it "Control Fraud."

http://neweconomicperspectives.org/category/william-k-black

This appears to be the primary mechanism of upward wealth redistribution/theft from investors and society in general.
Clawback is called for.

Then they gutted tax structures that discouraged such graft.
Then somehow, everyone seemed to think that it was perfectly OK to pay your workers peanuts while the top of the heap offshore their money to avoid paying what little taxes are left.

before people will do anything about it.

first boss I worked for sexually harassed every woman within reach, yelled at everyone for nothing and gave his managers 'gifts' they didn't need instead of giving them christmas bonuses which they could have used. I got paid 50 cents an hour.

Will he donate all his CEO wealth to homeless shelters and go back to work? No? Oh, what a great person. "I got mine...."

Nicely put for those of us literate enough to understand it. Probably lost on the GOP.
[hr][font color="blue"][center]Everything is a satellite to some other thing.[/center][/font][hr]

If we just had a few...that would not agree to a price tag by the various predatory institutions. Once we lose our government to Big Biz...oh nm already happened. Now we are FUCKED.

in reality, women hold FOUR POINT FOUR percent of the fortune 500 and fortune 1000 posts, which means that NINETY-FIVE POINT SIX percent of the thieves are men:

Women CEOs of the Fortune 500
From Wikipedia, the free encyclopedia

This is a list of Women CEOs of the Fortune 500, updated as of January 2013, 501-1000 updated as of January 2013. [1]

Women currently hold 4.4 percent of Fortune 500 CEO roles and 4.4 percent of Fortune 1000 CEO roles.
Fortune 500 (22 CEOs)

Meg Whitman, HP (#10) [2]
Virginia Rometty, IBM (#19)[3]
Patricia A. Woertz, Archer Daniels Midland Company (ADM) (#28)[4]
Indra K. Nooyi, PepsiCo, Inc. (#41)[5]
Irene B. Rosenfeld, Mondelēz International [6]
Marillyn Hewson, Lockheed Martin (#58)[7]
Ellen J. Kullman, DuPont (#72) [8]
Phebe Novakovic, General Dynamics (#92)
Carol M. Meyrowitz, The TJX Companies, Inc. (#125)
Ursula M. Burns, Xerox Corporation (#127)[9]
Sheri S. McCoy, Avon Products Inc. (#234)[10]
Deanna M. Mulligan, Guardian Life Insurance Company of America (#250)
Debra L. Reed, Sempra Energy (#266)
Denise M. Morrison, Campbell Soup (#334)[11]
Ilene Gordon, Ingredion (#390)
Heather Bresch, Mylan (#396)[12]
Kathleen M. Mazzarella, Graybar Electric (#451)
Mary Agnes (Maggie) Wilderotter, Frontier Communications (#464)[13]
Gracia C. Martore, Gannett (#465)[14]
Marissa Mayer, Yahoo (#483)[15]
Beth E. Mooney, KeyCorp (#499)
Lynn Good, Duke Energy[16]

Fortune 501-1000 (21 CEOs)

Karen W. Katz, The Neiman Marcus Group Inc. (#568)
Gretchen McClain, Xylem Inc., (#586)
Laura J. Alber, Williams-Sonoma (#596)[17]
Patricia Kampling, Alliant Energy (#606)
Cindy B. Taylor, Oil States International Inc. (#628)
Tamara L. Lundgren, Schnitzer Steel Industries (#631)
Kimberly Harris, Puget Sound Energy (#646)
Constance H. Lau, Hawaiian Electric Industries (#659)
Mindy F. Grossman, HSN Inc. (#665)[18]
Amy Miles, Regal Entertainment Group (#758)
Diane M. Sullivan, Brown Shoe Company (#772)
Helen McCluskey, Warnaco Group (#791)
Sandra Cochran, Cracker Barrel (#804)
Gayla Delly, Benchmark Electronics (#853)
Katherine Krill, ANN Inc. (#864)
Linda A. Lang, Jack in the Box (#870)[19]
Denise Ramos, ITT (#889)
Patti S. Hart, International Game Technology (#918) [20]
Judy McReynolds, Arkansas Best Corp. (#944)
Debra Cafaro, Ventas (#992)
Sara Mathew, Dun & Bradstreet (#996)


http://en.wikipedia.org/wiki/Women_CEOs_of_the_Fortune_500

Rally stands out.

What Top Female CEOs Earn

Updated September 24, 2012
Originally published October 27, 2009

Female CEOs who break through the glass ceiling still face a persistent form of gender bias -- one that's apparent when you look at what top female CEOs earn. Although the average woman earns 78 cents on every dollar a man earns, the average female CEO earns only 33 cents on every dollar a male CEO makes. On average, women earned $3.8 million while men earned $11.9 million.

In announcing America's top-paid female CEOs in September 2009, Forbes magazine noted the discrepancy in pay and compensation between men and women, even in the same field:

[E]xecutive women still struggle for respect. Lynn Elsenhans, the only woman running a big oil company, was paid $2.2 million last year by $37 billion refiner Sunoco. Bruce Smith, head of refining concern Tesoro, which had sales of $20 billion in 2008, took home $18.6 million.

In determining a CEO's compensation, several factors -- such as a CEO's length of time with the company -- influence decision-making. And compensation typically reflects much more than just a CEO's salary. Additional perks include bonuses, stock options, and executive personal benefits; these may take the form of medical exams, tax preparation, club memberships, and use of corporate vehicles (e.g. the oft-maligned company jet.)

http://womensissues.about.com/od/intheworkplace/a/WhatTopFemaleCEOsEarn.htm




Name Company Tenure as CEO Compensation in Millions


Andrea Jung Avon Products 10 years $11.8
Carol Meyrowitz TJX 3 years $11.1
Indra Nooyi PepsiCo 3 years $9.4
Susan Ivey Reynolds American 5 years $9.4
Tamara Lundgren Schnitzer Steel Industries 10 months $6.6
Irene Rosenfeld Kraft 3 years $5.7
Kay Krill Ann Taylor Stores 4 years $5.3
Brenda Barnes Sarah Lee 5 years $4.6
Patricia Woertz Archer Daniels Midland 3 years $4.5
Angela Braly WellPoint 2 years $4.1

to create a dynamic capitalist economy.

willingly choose not to put 2 and 2 together. That would hurt their own bottom line, apparently.

What on earth justifies paying ANYONE a salary of tens of millions of dollars PER YEAR ?

Managing other peoples' money ??
Owning a bank (which basically holds other peoples' money) ??
Selling stocks and bonds ??
Hitting a baseball ??
Screwing employees (Wal-Mart) ??
Gutting the workforce of a corporation by thousands at a time (Sunbeam, Verizon) ??
Increasing value of the company stock using any unethical means necessary (ENRON, AIG) ??
Decreasing value of the company stock because of incompetence (GM, Chrysler, Citibank, Countrywide) ??

Meanwhile, what's the average salary of a teacher, or a nurse, or a firefighter ... ???????

it takes a RW CEO for anyone to listen?

This started with Raygun's trickle-down voodoo bullshit.

If only the M$M cared to report things like this.

Somebody from the inside to validate what we've been saying all along. Media doesn't listen to us. Maybe they'll listen to a rich guy (although, I have a feeling that it will take more than one rich guy. Still it's a start).