Study shows U.S. bank CEO pay dwarfs rest of world
Wed Sep 23, 2009 10:43am EDT
By Steve Eder
The compensation of the CEOs of the largest U.S. banks towers above what's paid to banking chiefs in other parts of the world, according to a Reuters analysis of pay at the 18 biggest banks by market value.
"The U.S. executive pay levels have always dwarfed pay for companies elsewhere in the world," said Sarah Anderson, a fellow with the Institute for Policy Studies, which is critical of Wall Street, and co-author of the recent study "America's Bailout Barons."
Here's a nice graphic:
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