Archive for June 25th, 2009

McDonald’s Suit Illustrates Pay Disclosure Dance

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Published in CNN Money June 25, 2009

A lawsuit filed against McDonald’s Corp. (MCD) by a former employee earlier this year shines a light on the lengths to which some companies may be going to avoid disclosing perks and other potentially embarrassing executive compensation.

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Finding Out What Execs Are Paid Is Tricky

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Published in The Wall Street Journal June 25, 2009 by Alistair Barr

 Finding out how much U.S. corporate executives are paid is tricky, partly because of a last-minute change to compensation disclosure rules by the Securities and Exchange Commission in 2006 which has a former top lawyer from the regulator still scratching his head.

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Gerstner Says Short-Term Gains Should Be Taxed at 80%

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Published in Bloomberg June 25, 2009 by Matthew Benjamin and Judy Woodruff

Louis Gerstner, the former International Business Machines Corp. chief executive officer, said that short-term investment gains should be taxed at 80 percent as a way to counter the culture of greed on Wall Street.

Link to full article.

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