Riled shareholders seek 'Say on Pay'

April 8, 2009

Fat cats, robber barons, masters of the universe -- there's a long and rich history of public anger over corporate bosses padding their pockets. During normal times, it's a low-grade drumbeat that causes eye-rolling in the office or on the factory floor. During bad times, CEO compensation becomes a populist battle cry.

Writing in the April 12 issue of the Monitor weekly, Jeff MacDonald sees this year as a "tipping point in activists' battle to rein in high-flying executive pay." Laurent Belsie, who edits the weekly Money section (and blogs on our Rebuilding the Economy site), explains the "say on pay" movement in this video.