Wall Street CEOs' Big Paycheck, Romney's Recession, Why Germany's In Trouble And More

Tuesday, June 5, 2012 In Case You Were Worried, Top Wall Street CEOs Got Nice Raises Last Year Last year was an awful one for many on Wall Street. But not everyone struggled. Some even partied like it was 2006. In fact, for the 50 people ranked in Bloomberg Markets' annual list of the best-paid chief executives in finance, 2011 was nothing to complain about. Those 50 people saw their pay rise by an average of 20.4 percent, even as Wall Street shed tens of thousands of workers, bank shares plunged and the greater economy foundered. Joseph Stiglitz: Romney's Plan Will 'Increase Likelihood Of A Recession' Why Germany May Be The Next Country In Trouble California Court Tells Cashiers They Can't Sit Down Ex-Lehman Banker: Europe Needs Its 'Lehman Moment' Report: Current Tax Policies Will Push U.S. Debt To Insane Levels BLOG POSTS Jared Bernstein: It's a Slope Not a Cliff If policy makers fail to distinguish between fiscal cliff and slope effects, they might be drawn into extensions of the expiring policies that do more long-term harm than we'd get from a short trip down the slope. And the most notable such expiration is the high-end Bush tax cuts. Robert Reich: The Big-Lie Coup d'Etat How can it be that big corporations and billionaires will be spending unlimited amounts on big lies like this one, without any accountability because no one will know where the money is coming from? Aaron Bady: Obscenity: I Know It When I See It Maria Gunnoe was going to show a picture to the House Committee on Natural Resources, a photo of a five-year-old child bathing in brown, poisonous water. After the hearing, the capitol police took her aside for questioning about "child pornography." Evan Shapiro: TV: An Intervention So, how does the TV industry innovate to capture the audiences they are at risk of losing forever? How do you get cutters to keep the cord? Robert L. Borosage: The Jobs Babble Everyone is talking jobs but saying nothing. The inadequate recovery is sputtering and no one is doing anything. In the phony war on unemployment, no one has picked up a gun. We're going through the motions, waiting for the misery to ratchet up, the cities to blow and corporate profits to tank before getting serious. As it happens, there really isn't much of a secret about what needs to be done. The only question is how deep the crisis must go and how crippling the pain must be before action is taken. What was Churchill's famous quote? Something like Americans will do the right thing, after they have exhausted all the other alternatives. Well, let's hope he's right.

MOST POPULAR ON HUFFINGTONPOST.COM Arizona Mother Fights $900 Medical Bill After Premature Baby Dies Minutes After Birth The Most Dangerous Cars In America: 24/7 Wall St. Starbucks Buys La Boulange Bakery For $100 Million To Improve Food Offerings ON FACEBOOK Joseph Stiglitz: Romney's Plan Will 'Increase Likelihood Of A Recession' Minimum Wage For Restaurant Servers Remains Stagnant For 20 Years Under Industry Lobbying The Most Dangerous Cars In America: 24/7 Wall St.

If you believe this has been sent to you in error, please safely unsubscribe.