“Ellison rejected claims from corporate America that executive suite
compensation is a just reward for the skillful exercising of their
business talents. “Truth is, they’re doing nothing except extracting
value and wealth from hard working people because they have economic
advantages.”“With all this extra money they have, it corrupts our politics
absolutely,” he continues. “It concentrates markets and makes them less
competitive.””
‘CEOs don’t want this released’: US study lays bare extreme pay-ratio problem