1. SEC is Seeking More Clarity on Executive Pay

    SEC is Seeking More Clarity on Executive Pay

    Even as stock prices tumbled and the country was plunged into a deep recession in 2008, seven of California's 10 highest-paid chief executives got sizable raises, lifting the average pay package to $32 million. That same year, Wall Street bankers gave themselves nearly $20 billion in bonuses as the government spent billions of dollars to bail out financial institutions...

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