The CEO’s Lament


The median salaries and bonuses for the chief executives of 200 big U.S. companies fell 8.5% to $2.24 million, according to an analysis for The Wall Street Journal by Hay Group, a management consulting firm … Rising public anger over compensation for the leaders of financial firms rescued by the U.S. government led to Wall Street austerity and stricter regulation of executive pay.” There’s a blues song to be written about this, we’re sure of it. [WSJ]