CEOs Seeking Respect Must First Restore Lost Trust: Ezra Klein
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Oct. 6 (Bloomberg) -- To most Americans, it looks as ifthere’s never been a better time to be rich. The top 1 percenttakes in 24 percent of the national income and holds 40 percentof the national wealth.
Neither jobs nor housing prices have rebounded in theaftermath of the financial crisis, but corporate profits havegenerally been strong. The S&P 500, though volatile, hasweathered the crisis relatively well, today standing roughlywhere it was at the beginning of October 2008.