Friday, March 16, 2007

New York Times Runs CEO Compensation Series - and Becomes Example

The New York Times business section has been running multiple pieces on CEO compensation, particularly when companies are getting into hot water over how much their chief executives make. So the irony was heavy when a story came out in the New York Post on how the Times changed the rules on bonuses so that upper brass and family members could get three-quarters of their bonus payments even though the company lost $3.76 per share in 2006.

Where didn't the story appear? One guess.

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