Rich Keep Growing Richer

While US unemployment remains at near-Depression levels and health care, pensions and education are being slashed by all levels of the government, the pay of corporate CEOs is soaring.

The compensation of the 200 highest-paid chief executives at large corporations increased by 23 percent in 2010 over the previous year, according to a report in Sunday’s New York Times.

Median pay for these individuals was $10.8 million, equivalent to the median pay of nearly 280 US workers.

The Times report was based on a survey conducted by the executive compensation firm Equilar. The company looked at CEO pay at companies with revenue of $10.78 billion or more.
~ from CEO Pay in US Soared 23 Percent in 2010 by Barry Grey ~

What is there to say? These figures speak really well for themselves!