Ralph dissects how your boss makes 500 times more than you do with Steven Clifford, author of The CEO Pay Machine: How it Trashes America and How to Stop It. And the President of the progressive Amalgamated Bank, Ken Mestrich, joins us to discuss why small banks like his are where you should putting your money. Plus, David, Steve and Ralph talk about the late great comedian, Dick Gregory.
6 Comments
It’s always an education listening to your program. Thank you very much, I admire your work.
I enjoy all the shows, but especially the recent one on executive pay. The explanation about corporate stock buy-backs was very enlightening. Then I read this article (link below) which made me realize there is an additional, very important, reason why companies are buying back their stock. https://www.counterpunch.org/2017/08/24/alinskys-last-passion/
This show was an excellent show. I liked Ralph’s idea of a penny per share collection to keep these companies honest. Wouldn’t it be great to strike back of the billionaire class. I am so impressed with every show that comes out of this series. Ralph is so organized and directed and he always drives the conversation to the important themes and information. Thank you so much!
Amalgamated Bank, despite promoting itself to progressives, is no safer than most other banks and perhaps worse due to its commercial real estate loans in NYC. When the next meltdown occurs, this bank will be especially vulnerable to losses, with very possible recapture of depositor’s funds via bail-in.
http://www.bankrate.com/rates/safe-sound/memorandums-memos.aspx?fedid=661308
I was not impressed by this interviewee.
Same question … why are my comments not getting published?
Dick Gregory’s remembrance was too short. He did so much for all working and fair minded people!