The shareholder revolt against banker pay seems to have fizzled out. Shareholders late last week rejected the pay plan for Sterling Bancorp, a New York-based regional bank, the latest in a small group of banks whose compensation plans have been judged and found wanting by shareholders. BLOG POSTS | Robert Reich: A Question of Timing: What America Can Learn From the Revolt in Europe Yes, America has a long-term budget deficit that's scary. So does Europe. But the first priority in America and in Europe must be growth and jobs. | | Mike Lux: Romneynomics Former Romney partner in Bain Capital -- Edward Conard -- is out with a new book on economics. Conard believes that growing concentration of wealth is not just a good thing, but a fantastically great thing. The only problem our economy has, he suggests, is that we need a lot more of it. | | James Warren: Berkshire Hathaway Shareholder Meeting: The Takeaway Warren Buffett and Charlie Munger's philosophy is as basic and old-school as their railroad investments. It's somewhat the same with their basic view of life; of working hard at what you love, not being infatuated with success and money, and giving back to your community. | | Ted Kaufman: Corporate Tax Rate and a Busy Lame Duck Session Since Japan lowered its rate last April, our corporate tax rate has been the highest in the world. There is no disagreement in Washington, believe it or not, that a 35% rate is too high. What complicates things is that very few if any corporations actually pay that rate. | | George Goehl: Define "Extraordinary" We believe protest at the Bank of America meeting this year is not just normal -- it's the only response that makes sense. We don't want to protest Bank of America's shareholder meeting, but we have to, to protect our country from more unchecked corporate greed and abuse. | | MOST POPULAR ON HUFFINGTONPOST.COM |
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