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NYT investigation, Covid enriches Wall Street managers

2021-04-26T17:59:04.264Z


Stratospheric wages in 2020 despite losses and layoffs (ANSA) In 2020, the pandemic brought the world economy to its knees and caused huge losses even to large listed companies, with millions of workers losing their jobs. But the salaries of Wall Street managers and CEOs remained at stratospheric levels. This is what emerges from an investigation by the New York Times, which publishes the ranking of the highest paid CEOs last year. This is as US President Jo


In 2020, the pandemic brought the world economy to its knees and caused huge losses even to large listed companies, with millions of workers losing their jobs.

But the salaries of Wall Street managers and CEOs remained at stratospheric levels.

This is what emerges from an investigation by the New York Times, which publishes the ranking of the highest paid CEOs last year.

This is as US President Joe Biden prepares for his first 100 days in the White House to present the plan for a tax increase for the super rich.


    From the NYT data it emerges how Boeing, in the horrible year for the giant of the skies also for the 737 Max story, paid its number one David Calhoun 21.1 million dollars. This despite the announcement of 30,000 redundancies and losses of 12 billion dollars. And then the Norwegian Cruise Line, in spite of the substantial blocking of cruises and losses of 4 million dollars, doubled the sum paid to its CEO Frank Del Rio for 36.4 million dollars.


    Another sector in great difficulty due to the pandemic is the hotel sector. The Hilton chain recorded losses of $ 720 million in 2020, but that didn't stop it from paying its CEO Chris Nassetta with $ 55.9 million. 


Source: ansa

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