Paying for Mistakes

An astute reader points out that I'm too soft on CEOs

Thanks, Aram, wherever you are in the ether, for pointing out this mistake. On July 30, I noted that large-company CEO pay increased an average of 31.3 percent from 1990 to 2003. There must have been a piece of dirt on my laptop screen, because there should have been no decimal point. The average increase for those CEOs during that period was 313 percent.


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