“Wall Street bonuses twice the income of all minimum wage workers”

“1,007,000 Americans working full-time earn the federal minimum wage of $7.25 per hour. All of that pay, to all of those people, for all of 2014 adds up to $14 billion dollars. And that is less than half of what employees on Wall Street earned in bonuses alone.” (Source: http://thesocietypages.org/socimages/2015/04/18/wall-street-bonuses-twice-the-income-of-all-minimum-wage-workers/)

Jeffrey Pfeffer: “Why powerful people are rarely punished appropriately”

Interesting arcticle by Jeffrey Pfeffer: “Why powerful people are rarely punished appropriately.”

“Powerful executives and public figures often face surprisingly few consequences from actions that can cost companies billions of dollars and thousands of employees their jobs. One study of directors found that people who had served on the boards of banks that required government assistance during the financial crisis confronted turnover imperceptibly higher than peers who had served on banks that had weathered the financial storm in better shape.” (Source: http://jeffreypfeffer.com/2015/02/powerful-people-rarely-punished-appropriately/)