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| Wed, 17 May 2006 16:00:00 EST Gutierrez to move to Treasury? |
| Unable so far to find any takers on Wall Street for the treasury secretary's post, administration officials say that the White House is more open to considering Commerce Secretary Carlos Gutierrez as John Snow's replacement. |
| Wed, 17 May 2006 12:00:00 EST Edgy on inflation, the market sells off |
| What a difference a day makes. |
| Wed, 17 May 2006 12:00:00 EST Thanks, but I don't want a golden parachute |
| While working stiffs suffered another real pay cut in 2005, it was another year of record-setting raises for America's CEOs. A Pearl Meyer & Partners survey of large companies found the median CEO received a 10.3 percent raise last year to $8.4 million. And those at the top got packages that were truly jaw dropping. CEO William McGuire's accumulation of $1.6 billion worth of UnitedHealth Group's stock options was so huge and fortuitously timed that the Securities and Exchange Commission has taken an interest. And drivers around the country fumed when they learned that Exxon's retiring CEO Lee R. Raymond not only took home $49 million just for last year but also is now collecting a pension worth $98 million. |
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