Wednesday, December 07, 2011

CEO`S Part of 1% ~ Over Paid, You Bet`Cha !

Conference Explore$ CEO Pay and Wall $treet Reform Law
by Mike Hall, Dec 6, 2011

Click here for Executive pay watch >

Last year’s Wall Street reform law, the Dodd-Frank Act, established significant changes in federal oversight of executive pay. On Monday, Dec. 12, at the AFL-CIO in Washington, D.C., Americans for Financial Reform will host a conference on the new executive pay rules. Those new provisions include a prohibition on excessive bank bonuses that encourage risk-taking by financial institutions. Other reforms include requiring companies to disclose a CEO-to-worker pay ratio and giving shareholders a greater say on top executive pay.The conference, which runs from 1:30 p.m. to 5:30 p.m. EST, will include two panel discussions, the first exploring the new “say on pay” and CEO-to-worker pay ratio and the second on executive compensation and risk at financial institutions. Both panels will include corporate accountability, legal and academic experts. Rep. Elijah Cummings (D-Md.), the ranking member of the House Oversight and Government Reform Committee, will be the keynote speaker. For more information and to RSVP—space is limited—click here. For more on executive pay, visit the AFL-CIO’s Executive PayWatch site here. or click on title !

Editorial : CEO`S are now and have been for a longtime, out of control. When one Man/Woman/CEO, is CEO - President and Chairman of the Board. Who can buck them ? No One ! What some of these CEO`S Make is ludicrous ! Even when their company`s tank/lose money. Ridiculous ! They still get huge BONUS`S ! We`re all NUTS ~

No comments: