Excessive CEO Pay

May 9, 2018 Dear Member of Congress: Colossal CEO pay harms employees, impedes economic growth, and is a major cause of income inequality in America. CEO pay will continue to skyrocket unless it becomes a major political issue. You have been a consistent critic of excessive CEO compensation. We hope you will consider one proposed […]

Destructive Stock Buybacks—That You Pay For

By Ralph Nader September 13, 2017 The monster of economic waste—over $7 trillion of dictated stock buybacks since 2003 by the self-enriching CEOs of large corporations—started with a little noticed change in 1982 by the Securities and Exchange Commission (SEC) under President Ronald Reagan. That was when SEC Chairman John Shad, a former Wall Street […]