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Economic Apartheid and Excessive Executive Compensation
Wednesday, February 15th, 2006
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With recent rule and law proposals on reigning in executive compensation from the Securities and Exchange Commission and US Representative Barney Frank (D-MA), Corporate Watchdog Radio examines the relationship between excessive executive compensation and economic inequality by speaking with Felice Yeskel, author of the recently published second edition of Economic Apartheid in America: A Primer on Economic Inequality & Insecurity, about the root causes for the widening gulf in wealth disparity and the social impacts of this phenomenon. Felice co-founded Class Action, a nonprofit seeking to bridge the class divide, as well as United for a Fair Economy (UFE), which advocates for economic equality, and Responsible Wealth, a coalition of high net worth individuals committed to more equitable wealth distribution. We also speak with Sam Pizzigati, a past board member of UFE and author of Greed and Good. His weekly newsletter "Too Much" regularly runs stories of CEO excess.
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