Thursday, September 24, 2009

YES, OUR MOTU ARE VASTLY OVERPAID

While our middle class is about average among the developed countries, our banksters lead the rest of the world.
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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