2/9/09: Executive Pay - The Original Sin
By Doug Fabrizio
Salt Lake City, UT – The financial journalist Roger Lowenstein doesn't mince words when he talks about compensation for the nation's top CEOs. He calls it "executive larceny" and he says it's the "original sin" that led to corporate bubbles and in turn, corporate busts. Monday, Lowenstein joins Doug to explain how it is CEOs came to make as much as 400 times what their employees make, and what it has meant for the financial system.
Read Roger Lowenstein's column Thain's Original Sin Rooted in Executive Pay at Bloomberg.com
Purchase a CD of today's RadioWest. Please reference show #1652.
Sign up for RadioWest Podcasts
Visit one of Salt Lake City's local, independent businesses:
Sam Weller's Zion Bookstore
Ken Sanders Rare Books
The King's English
Graywhale CD Exchange
Or shop on-line Amazon.com
for books and music from today's RadioWest. A portion of your purchase benefits KUER.