May 14, 2012
CEO pay is out of control.
The Dodd-Frank Wall Street Reform and Consumer Protection Act requires companies to report their CEO-to-worker pay ratio to investors.
I'M ASKING CONGRESS-SENATE & THE SECURITIES & EXCHANGE COMMISSION TO FULLY SUPPORT THE REQUISITE THAT CEO'S HAVE TO NOT ONLY PUBLICLY REVEAL THEIR INCOMES, BUT AS WELL, BE HELD ACCOUNTABLE AS ONCE THEY ALWAYS WERE, AND NOT THAT LONG AGO IN OUR UM, "DEMOCRACY" IN THESE UNITED STATES... I can recall, 10 years or so ago, I could easily call the Library, get the name, address, fax, email, of ANY CEO in this country or affiliated with this country, in order to issue a complaint, a query, a qualification that their products be of higher quality, etc, etc, etc... THAT IS, CEO's were accountable for all kinds of issues that have to do with the companies that they oversight. WHAT HAPPENED TO THIS ACCOUNTABILITY? Yes, I would really appreciate an clear and sensible, wise, response to this question.
Disclosing this pay ratio will require companies to lower CEO pay.
The SEC has yet to adopt this provision of the Dodd-Frank law.
The SEC needs to propose rules requiring companies to publicly disclose their CEO-to-worker pay ratio.
I'M ASKING THE SEC & CONGRESS-SENATE TO PROPOSE RULES THAT CALL FOR CEOs to publicly disclose their CEO-to-worker pay ratios. PLEASE REPLY TO THIS EMAIL.