To Comfort The Afflicted
And Afflict The Comfortable

To Comfort The Afflicted And Afflict The Comfortable

Saturday, October 16, 2021

Observercast

Dreaming Of A New ‘Norm’ For Executive Pay

on

BY FROMA HARROP Lavishly paid executives have a new 1% number to ponder. It’s not about their perch on the top branch of U.S. incomes. It’s the lousy 1% rise in Citibank’s quarterly revenues, which helped prompt the bank’s stockholders to reject CEO Vikram Pandit’s $15 million pay package. That they were earning a meager […]
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Arnold Hamilton
Arnold Hamilton became editor of The Observer in September 2006. Previously, he served nearly two decades as the Dallas Morning News’ Oklahoma Bureau chief. He also covered government and politics for the San Jose Mercury News, the Dallas Times Herald, the Tulsa Tribune and the Oklahoma Journal.