Emily Thornton’s cover story, Roads to Riches, in the May 7th issue of BusinessWeek details the recent trend of State governments selling public assets – toll roads, parking garages, bridges and airports – to financial institutions and other private investors. The governmental bodies that have done this so far, or who are considering, often point [...]
Archive for May, 2007
Privatizing America’s “public property”
Posted in BusinessWeek, Chicago Downtown Parking System, Chicago Skyway, Emily Thornton, Government, Indiana Toll Road, Pocahontas Parkway, Privatizing on May 9, 2007 | Leave a Comment »
CEO Pay
Posted in Bob Nardelli, CEO, CEO Pay, CEO Salary, Douglas mattern, Executive Excess, Executive Pay, Golden parachute, Home Depot, IBM, PC World on May 7, 2007 | Leave a Comment »
I read an article on PC World about the rumored layoffs by IBM – the rumors are reportedly bogus – and I began to reflect on the Douglas Mattern article entitled, CEO Pay is Outrageous and It’s Undemocratic. In particular, the following quote really stuck with me.
Business Week reports that the disparity between the ‘shop [...]












