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Political Factoid

After demonstrating some of the worst business judgments, the CEOs at the 20 banks that received the largest government bailouts (i.e., from the taxpayers) were paid nearly 40% more than other CEOs.
 
The CEOs of those banks laid off more than 160,000 employees between 2008 and 2010.
 
The average CEO at those banks was paid 430 times as much as the typical worker.
 
Collective, those CEO's earned $280 million ($14 million average) in 2009.
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Last updated * 2014-01-25
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