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Sunday, September 5, 2010

Democracy Now Study: CEOs Who Fired Most Workers Earned Highest Pay

A new study shows the CEOs who fired the most workers during the economic recession have also taken home the highest pay. According to the Institute for Policy Studies, the CEOs of the fifty corporations responsible for the worst layoffs were paid an average $12 million—42 percent more than the average for the Standard & Poor’s 500.

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Executive Excess Report