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Executive pay is an insult to working families
Executive pay is an insult to working families

Memorial Day is in the rear-view mirror, but here's one more thing to remember: American chief executives make too darn much money. I'm not saying that you shouldn't reward a person for a job well done. But many CEOs now pull down so much more than their own employees that it's an ugly insult to working families. Who's the worst offender? That would be CVS Caremark CEO Larry Merlo. According to a recent report from compensation researcher PayScale, his $12.1-million salary last year was 422 times the size of the median CVS wage of $28,700. I mean, what, did the guy cure cancer? Did he end the scourge of Alzheimer's? Under what possible set of...

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