Excessive CEO pay shows moral decline: lawmaker
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A Deep South Republican lawmaker with financial market clout said excessive corporate executive pay reflects U.S. ethical and moral decline and warned that most Americans will not put up with it for very long.
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Democratic leaders have been forced to scuttle the 1.7 percent pay hike for the entire year
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Democratic presidential hopeful Barack Obama Monday warned of an erosion in business ethics, which he said offended US morals and endangered the might of US financial markets.
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Our position is: Politics trumped ethics in the House GOP vote to drop its no-indictment rule for the majority leader. When he was admonished by the House ethics committee last month for holding a golf fund
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Charges of vote trading and unethical fundraising against majority leader DeLay may curb his ability to raise money.
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Securities and Exchange Commission Chairman William Donaldson criticized the ethical leadership and the pay of US corporate bosses in an interview published Monday.
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U.S. executives are reaping another  year of abundant pay, and the rich rewards are likely to stir  demands for greater disclosure on how and why heads of  companies are compensated.
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The CEOs of the top 50 US companies that sent service jobs overseas pulled down far more pay than their counterparts at other large companies last year, a study said Tuesday.
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In Saturday radio address, VP candidate says measure curtails pay at a time workers need it. ATLANTA (CNN) - Calling to mind his days unloading tractor trailers during the summer, Sen. John Edwards blasted
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FORT LAUDERDALE, Florida  - Almost two-thirds of U.S. chief executives polled for a survey released on Thursday said conditions in their business had worsened in the past six months.
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The Justice Department is opposing a proposed pay system for top executives of the Dana Corporation, which is in bankruptcy protection.
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Business & money: Annual meeting faces complaints about pay rises for chief executive Justin King.
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Chairman of the board retires and cashes out.
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Comment is free: Deborah Hargreaves: Reward for performance is one thing. But today's executive pay is farcically overblown.
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Hit with tough criticism that he had misled Congress, David M. Walker , the head of the Government Accountability Office, yesterday said he regretted that he had not done a better job of explaining and keeping lawmakers up to speed on the agency's new pay system.
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Pay comparisons almost always leave someone feeling dwarfed, and none more so than the CEO-to-worker pay gap. But even CEOs have reason to feel seriously dwarfed these days, thanks to the outsized paychecks of private equity and hedge fund managers.
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House Democratic leaders, who have vowed to run a more ethical Congress, are struggling with how to respond to the reelection of Rep. William J. Jefferson, the Louisiana Democrat whose Washington home freezer once held $90,000 in alleged bribe money.