Wednesday, April 25, 2007
By Joe Bel Bruno, The Associated Press
NEW YORK -- Wall Street was mixed yesterday, recovering from an early loss as investors shrugged off disappointing housing and consumer confidence data to focus on stronger-than-expected quarterly earnings. The Dow Jones industrials set a new trading high, and resumed their trek toward 13,000.
NEW YORK -- Wall Street was mixed yesterday, recovering from an early loss as investors shrugged off disappointing housing and consumer confidence data to focus on stronger-than-expected quarterly earnings. The Dow Jones industrials set a new trading high, and resumed their trek toward 13,000.
I don't care if this was released in 2003. The lack of equity of improvement for the American citizen is disgusting compared to the vast profits of the financial markets. This article belly aches about CEO salaries. Funny, I wasn't paying close attention to CEOs actually.
For immediate release - April 14, 2004
Contact: Betsy Leondar-Wright, (617) 423-2148 x113
Ratio of CEO Pay to Average Worker Pay Reaches 301 in 2003
Average Worker Takes Home $517 a Week; Average CEO $155,769 a Week
BOSTON — After declining for the last two years, the gap in pay between average workers and large company CEOs surpassed 300-to-1 in 2003. In 2002, the ratio stood at 282-to-1. In 1982, it was just 42-to-1.
According to Business Week’s 54th Annual Executive Compensation Survey, published this week, the average large company CEO received compensation totaling $8.1 million in 2003, up 9.1% from the previous year. Business Week’s survey covers the 365 largest companies that have reported their executive pay to date.
America needs to rebuild it's infrastructure. One based in an economy with a strong manufacturing sector producing the goods WE NEED to bring the USA to an the status of "Carbon Free Society." No other country has the needs the USA has. It's time we address our needs in the way we need them addressed.
This report regarding OSHA does not only reflect just that of quality of work environments of workers, but, also reflects issues of people/customers of that environment as well.
Example: Hospitals. A complaint in 2002 to OSHA regarding 'air quality' that was causing issues of 'hospital acquired infections' was referred out from the federal authority to the local board of heatlh which stated 'when the fans on the building were running properly the dirty air was circulated quickly enough' so no one was affected.
The complaint to OSHA resulted when during a severe storm, the entire back up electrical system went out and the building fans stopped the frequent air exchanges. It was only then that the hospital personnel realized the sewage system leaked air back up into the five story building.
Within twenty minutes a large hospital in Greensboro, North Carolina filled with sewer gases and OSHA did nothing with the complaint. When the maintainence workers were asked about it, they stated they knew they had to keep the fans running well all the time.
