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]