from Too Much: A Commentary on Excess and Inequality:
Presenting America’s Ten Greediest of 2012 December 16, 2012
Some of today’s most greedy are running giant multinational corporations. Some are just running their mouths. Their stories remind us just how much needs to change, economically and politically, in the year that beckons ahead.
By Sam Pizzigati
The essence of greed? Simple. Greed amounts to taking more than you need when you already have enough — and others don’t. Who among us, by this yardstick, rate as our greediest? Those greediest would be those who have the wherewithal to take whatever they want — and deny others the basics they need.
We abound in these greedy. Most of them wear power suits and dart in and out of the executive suites that sit high atop America’s most elegant corporate towers. Year in and year out, these greedy grab ungodly rewards for their own labor — and deny their employees anything close to decent compensation for theirs.
Without further ado, our fifth annual Too Much list of the greediest of our greedy, those ten deep-pocketed personages who’ve done the most in 2012 to subvert the decency we all like to call, at this time of year, the “holiday spirit.”
10/ Jack Welch: Comforting Comfortables
An oversized ego can be a terrible thing to waste. Jack Welch, the retired General Electric CEO, is doing his best not to waste a bit of his — and pick up a few extras pennies in the process.
Welch, the super CEO of the 1990s, has become a regular on the corporate chattering circuit since he retired in 2001. He collects a sweet $150,000 per appearance. ...................(more)