Politics

What’s a Bailed-Out Banker Really Worth?

Fascinating article on what’s happened with the bankers bailout. One intriguing quote compares executive compensation to the average employee::

Over the last 50 years, the ratio of top pay to average pay at public companies has multiplied roughly 11 times (24:1 to 275:1). That’s more pay in one workday for the chief executive than his average employee makes in a year.

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