CEO pay chugs up in '07 despite economy

CEO pay chugs up in '07 despite economy

www.washingtonpost.com

As the American economy slowed to a crawl and stockholders watched their money evaporate, CEO pay still chugged to yet more dizzying heights last year, an Associated Press analysis shows.

The AP review of compensation for the heads of companies in the Standard & Poor's 500 index finds the median pay package added up to nearly $8.4 million. That's a comfortable gain of about $280,000 from 2006.

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Well, hear is the proof in the pudding that the new world order, or the neo cons are alive and well. The more they can swindle out of the public the more they can stuff there pockets with.

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