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More CEOs got pay hikes than cuts in '08
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4-16-2009 11:23 PM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/915474a3-bfb4-4198-bad3-a85b5f9720a4/B47BB844-8C23-4769-B187-7FC74BC4C10E/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://finance.yahoo.com/news/More-CEOs-got-pay-hikes-than-rb-14921297.html?sec=topStories&pos=5&asset=&ccode=" href="http://finance.yahoo.com/news/More-CEOs-got-pay-hikes-than-rb-14921297.html?sec=topStories&pos=5&asset=&ccode=" style="font-size: 11px;">finance.yahoo.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://finance.yahoo.com/news/More-CEOs-got-pay-hikes-than-rb-14921297.html?sec=topStories&pos=5&asset=&ccode="><H1>More CEOs got pay hikes than cuts in '08</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://finance.yahoo.com/news/More-CEOs-got-pay-hikes-than-rb-14921297.html?sec=topStories&pos=5&asset=&ccode="><LI class="datetime">Tuesday April 14, 2009, 12:46 pm EDT</LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://finance.yahoo.com/news/More-CEOs-got-pay-hikes-than-rb-14921297.html?sec=topStories&pos=5&asset=&ccode="><P> By Kim Dixon</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://finance.yahoo.com/news/More-CEOs-got-pay-hikes-than-rb-14921297.html?sec=topStories&pos=5&asset=&ccode="><div align="center"><img src="http://content8.clipmarks.com/blog_cache/finance.yahoo.com/img/F8C415D0-3B42-4BC6-9A69-62069D297422" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://finance.yahoo.com/news/More-CEOs-got-pay-hikes-than-rb-14921297.html?sec=topStories&pos=5&asset=&ccode="><P>WASHINGTON (Reuters) - More U.S. chief executives got pay raises than had their pay cut in 2008, a year when billions in taxpayer dollars went to prop up struggling companies and millions of workers lost jobs, according to an AFL-CIO survey released on Tuesday.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://finance.yahoo.com/news/More-CEOs-got-pay-hikes-than-rb-14921297.html?sec=topStories&pos=5&asset=&ccode="><P>Wall Street pay has been heavily scrutinized in the past year, especially for executives at major financial firms getting funds under the government's Troubled Asset Recovery Program, aimed to keeping troubled banks afloat and keeping the banking system sound.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://finance.yahoo.com/news/More-CEOs-got-pay-hikes-than-rb-14921297.html?sec=topStories&pos=5&asset=&ccode="><P>The executive pay study of major companies by the AFL-CIO, the country's largest labor federation, calculated compensation that included stock options granted to CEOs but not yet vested.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://finance.yahoo.com/news/More-CEOs-got-pay-hikes-than-rb-14921297.html?sec=topStories&pos=5&asset=&ccode="><P>Some governance experts favor this method, which is intended to take into account the intent of corporate boards.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/B47BB844-8C23-4769-B187-7FC74BC4C10E/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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