Barely a month in office, President Trump has marked both his territory and his quarry, and, even in the face of widespread opposition, is making headway with his “vision” for America. Like it or not, the Trump train is on track and chugging along.
Deirdre Fulton – Trump’s Fast-Food CEO Labor Pick: ‘Anti-Family, Anti-Worker, Anti-Jobs’
Fast-food executive Andrew Puzder, who opposes raising the federal minimum wage and “has championed every aspect of right-wing trickle-down economics,” is expected to be President-elect Donald Trump’s pick for labor secretary, news outlets reported Thursday. Puzder is the chief executive of CKE Restaurants, which includes the burger chains Hardee’s and Carl’s Jr. among its brands. He advised and fundraised for …
The (Bill) Clinton Team’s Secret Meeting on CEO Compensation
Naked Capitalism readers are familiar with the fact that CEO compensation exploded starting in the 90s, and that this explosion was related to a shift towards companies providing compensation in the form of stock options. A major cause of the shift was Bill Clinton’s 1993 move to make executive comp deductible from corporate income taxes only when given as stock options. Let’s say that one …