Summary
NEW YORK - Wall Street's high-rolling CEOs live a lifestyle that would make Hollywood movie stars jealous - penthouse apartments, private jets and paychecks tipping $60 million a year.
Corporate boards in recent years have rubber-stamped generous bonus packages for an elite set of executives, a reflection of a go- go stock market and soaring profits. Now, as the credit crisis roils Wall Street and decimates stock prices, shareholders are demanding a voice.See the full content of this document
Extract
More Demanding 'Say On Pay' for Ceos
Fund managers and individual investors alike are campaigning for a "say on pay" rule giving shareholders a vote on executive compensation at major corporations, especially Ameri...
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