When CEO pay exploded (update)

When CEO pay exploded (update)

Published on Sep 17
1369
Planet Money
0:00
0:00
(Note: A version of this episode originally ran in <a href="https://www.npr.org/sections/money/2016/02/05/465747726/-682-when-ceo-pay-exploded"target="_blank" >2016</a>.)<br/><br/>It’s no secret that CEOs get paid a ton – and a ton more than the average worker. More than a hundred times than what their average employee makes. <br/><br/>But it wasn’t always this way. So, how did this gap get so vast? And why? <br/><br/>On today’s episode … we go back to a specific moment when the way CEOs were paid got changed. It involves Bill Clinton's campaign promises, and Silicon Valley workers taking to the streets to protest an accounting rule. And of course, Dodd Frank. <br/><br/><a href="https://n.pr/3HlREPz"target="_blank" ><em>Subscribe to Planet Money+</em></a><br/><br/><em>Listen free: </em><a href="http://n.pr/PM-digital"target="_blank" ><em>Apple Podcasts</em></a><em>, </em><a href="https://n.pr/3gTkQlR"target="_blank" ><em>Spotify</em></a><em>, </em><a href="https://n.pr/3Bkb17W"...