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AFL-CIO Now

Showing blog posts tagged with Wall Street

Check out CEO Pay and the 99% on ABC News Online

Check out CEO Pay and the 99% on ABC News Online

Check it out: ABC News has a nice take on our just-released data on CEO pay.

Click here to take a look at the slide show of CEO images and their pay--an America's Most Wanted lineup from Wall Street to Silicon Valley.

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New Today: CEO Pay and the 99%

New Today: CEO Pay and the 99%

Moments ago, we launched the 2012 AFL-CIO Executive PayWatch site—now called CEO Pay and the 99%—which includes the most comprehensive data accessible on 2011 executive pay. All of the data available is searchable by industry, by state and by the top 100 highest-paid CEOs.

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Chair of Financial Inquiry Committee Assails Wall Street’s Continuing 'Breaches of Ethics'

On the very day that Goldman Sachs executive Greg Smith announced his resignation in revulsion over how the firm is callously “ripping their clients off," Phil Angelides, chair of the nation’s Financial Crisis Inquiry Commission, expressed his continuing disgust with how Wall Street has become “a casino floor as big as New York, New York,” after wiping away $9 trillion of household wealth “like a day trade gone bad.”

Speaking at a Responsible Investment Forum of investors, pension fund managers and union and community leaders, convened in Los Angeles by Heartland Capital Strategies, Angelides assailed the financial system centered on Wall Street for “becoming a conduit for speculation rather than productive investment.”

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Contact Your Senator for the 99%

Working familes in Washington, D.C., and Cannes, France (where leaders of the G-20 are meeting), rallied yesterday for passage of a Robin Hood tax on Wall Street. You can join the action by telling Wall Street it’s time to pay its fair share.

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Trumka: Proposed Super Committee Cuts to Social Security, Medicare, Medicaid Unacceptable

AFL-CIO President Richard Trumka today reaffirmed that the AFL-CIO opposes any cuts to Social Security or Medicare benefits or to the federal contribution to Medicaid and he criticized Senate Democrats on the “Super Committee” for proposing—according to news reports—hundreds of billions of cuts.

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Wall St. Run Wild—Here’s How It Happened

Here’s a great video that shows in part how the nation got to the point where inequality is so rampant, CEO greed so unrepentent and Wall Street so not held accountable that people across the nation have taken to the streets—and are staying there.

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