Daily Quote

Who says American salaries are stagnating.

After two years of lower pay packages, chief executives at the nation’s major companies enjoyed a 36.5% jump in pay last year, according to a leading survey of CEO compensation.

Paul Hodgson, senior research associate at GMI, said the sharp rise in pay was out of line with the relatively modest improvement that companies typically achieved in profits or share price during 2010.

– Chris Isidore, in a recent article for CNNMoney.com

Yup. Makes sense. Really hamstrung by intrusive government oversight and regulation over there in big business land huh? Dodd-Frank? Dodd-Frank? Bueller?

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