This May Be the Best Way to Put CEO Pay in Perspective

To wrap your head around how much someone like Larry Ellison makes, try comparing his compensation to the median income of an American household — $49,777. His 2008 take of $543 million is the equivalent of the annual earnings…

JPMorgan Vice Chairman Steve Black to Leave the Company

Steve Black, vice chairman at JPMorgan Chase, plans to step down early next year after a decade with the firm. He headed the company’s investment bank for five years and was instrumental in its Bear Stearns acquisition. What’s …