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CEO Pay is out of control (with Mark Kreidler)

Pitchfork Economics with Nick Hanauer

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The COVID Crisis - What's Going On?

On average, CEOs are paid $28 million per top CEO in America's top 350 companies. Mark O'Mara: It is just a sign of the neoliberal times that during the biggest health care crisis in a hundred years, health insurance companies made out like bandits. He says PG&E brought in a new CEO last year at $50 million a year; they're on the hook potentially for billions and billions in damages related to California wildfires. The system as it's currently set would only be fair, by the way, if if the PG&E CEO was on the hook for some of those claims, he should be made liable for that.

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