2008 Great Year for CEOs

Executive Pay

Updated Apr. 25, 2017 3:18PM EDT / Published Apr. 14, 2009 9:38AM EDT

Since the financial crisis started, CEOs have emphasized quite a bit how they’ve suffered too. How does that check out? “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.” According to the AFL-CIO’s calculation, Citigroup CEO Vikram Pandit made $38 million in 2008. 480 of 946 companies reported CEO raises, while 463 reported cuts. The median CEO salary rose 7 percent in 2008, while CEO perks went up nearly 13 percent.

Read it at Associated Press

Ethics Panel Wants to Know if Gaetz Got High at Parties: ABC

The House committee has reportedly obtained a woman’s statement claiming the Republican attended an event where drugs were present.

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The documents were quickly resealed in Pennsylvania, but not before reporters had a good look at them.

Victim’s Fam Says Kohberger Alibi Only Helps Their Case

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Caitlin Clark Nearing Nike Deal Worth 50 Times Her Salary

The No.1 overall pick reportedly turned down Under Armor despite it sending its top athlete—Steph Curry—to try and recruit her to the brand.

‘Manic’ Harry Styles Superfan Jailed For Stalking

Myra Carvalho stood trial in London this week for “stalking involving serious alarm or distress” and was sentenced to 14 weeks in jail.

Kate Fan Hijacks U.K. Domain for Meghan Markle’s Brand

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Bill Maher: Woody Allen Not a Pervert for ‘Baby Doll’ Kink

The comedian insisted the disgraced director is innocent and those refusing to work with him are “a bunch of pussies.”

Eric Adams’ Legal Defense Trust Ditches Dietl Over NSFW Rant

The fund’s counsel said Adams believes no one should be spoken to “in such a disrespectful way.”

2008 Great Year for CEOs