If you take a job, and perform poorly, and are fired, chances are that you walk away with a “goodbye,” and that’s all. Unless you are a corporate CEO. In that case, being fired is a richly deserved bonanza.
Another day, another small, symbolic victory for the masses in the class war. It is from symbolic victories like these that real victories are often launched.
Let us all bow our heads and say a prayer for Don Thompson, fired this week as CEO of McDonald's merely because he was bad at his job, and his company is bad, and performing badly.
A wealthy amusement-ride magnate and his partner returned home to their stately manse outside Orlando Wednesday night and were robbed by a trio of men who invaded the house dressed as ninjas.
Lots of corporate CEOs are overpaid, but perhaps none is as spectacularly and flagrantly overpaid as Les Moonves, who runs CBS, a company most famous for making bad TV shows. This new $28 million mansion he bought is pocket change for ol' Les.
Mary Barra, the CEO of GM, spent yesterday being grilled by Congress for her company's years-long failure to fix a known safety defect in its cars. Barra's lack of answers is being blamed on the size of the organization she leads. Which is a great argument against the salaries that CEOs earn.
It's pretty easy to mock protestors when you've already appropriated their tactics to benefit your own business.
Jamie Dimon is one of the most admired CEOs on Wall Street. Under his watch, JPMorgan Chase has been penalized for multiple legal violations, capped by the largest legal fines in banking history. Should Jamie Dimon be fired? Well, if not, his bank should be destroyed.
Maria Rodale, the CEO and chairman of publishing house Rodale, Inc., used to love and to support Barack Obama. She supported Barack Obama so deeply that she not only voted for him twice and attended his first inauguration, she also "paid a lot of money to have my picture taken" with him. And because of this fealty,…
Ron Cohen is the CEO of Sig Sauer, the company that produced one of the guns that was used in Friday's Sandy Hook Elementary school massacre. You have probably never heard of Ron Cohen before. I know I never have. I tried to find a decent picture of him this weekend, but I came up empty. He may as well not exist.
If you were wealthy enough to afford your own private jet, probably the last thing you would want to do is stock it with things that reminded you of Abercrombie & Fitch, right?
Allow us, please, if you will, to direct your attention to this paper on the topic of Can You Believe How Much Motherfucking Money These CEOs Make, And, Even Worse, How They Try to Justify That Shit As If It's All Good. As noted in Gretchen Morgenson's column yesterday, CEOs and the cronies that justify their salaries…
According to a new WSJ survey of executive pay here in the US of A, Hooverville capital of the Western Hemisphere, CEOs of some of the world's biggest companies are being underappreciated, when it comes to the height and breadth of the pile of doubloons they are awarded at the conclusion of the fiscal year.
The Wall Street Journal today takes on a thorny question that's wracking the collective consciences of corporate boards from coast to coast: when does a CEO's private hobby become too dangerous? As natural leaders driven to excel and seek thrills in both their private lives and their careers, it's no wonder that many…
David Novak is the CEO of Yum! Brands, the company that owns KFC, Taco Bell, and Pizza Hut. He is the man most directly responsible for populating the world with fast food restaurants. He is also a horrible date:
LinkedIn, the professional social networking site that exists only so that it can email me every two days, has taken a page from OK Cupid's book and mined its user base for meme-worthy data! First up: "The top CEO names."
If you're disappointed by your own unemployment or depressed salary in the post-recession era, at least be heartened that some of your fellow Americans are doing well: According to the Times, CEOs at 200 major corporations made a median $9.6 million last year, with Viacom CEO Philippe Dauman pulling in $84.5 million…
The memos of CEO Edward Davis: "There will be no more... levity... within the office."
The Supreme Court "limited the use of the 'honest services' fraud law" in a decision today, granting an appeals victory to former Enron executive Jeffrey Skilling. Good, because we have way too many white collar criminal prosecutions these days...??
The Way We Live Now: Eatin' Eggos. And that's just the winners among us. We eat waffles in lieu of any better prizes. None are available. Unless you're a hedge fundie, or a vagabond.
