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Executive Excess 2007: The Staggering Social Cost of U.S. Business Leadership (PDF)
The Institute for Policy Studies and United for a Fair Economy
Sept. 7, 2007 32 pages. Excerpt: CEOs at major American corporations enjoyed, on average, $1.3 million in pension gains last year. By contrast, only 58.5 percent of American households led by a 45-to-54-year old even had a retirement account in 2004, the most recent year with data. Between 2001 and 2004, the retirement accounts of these average households gained only $3,775 in value per year. MORE >> |
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