Exorbitant CEO compensation

Lucian Bebchuk of Harvard Law School and Yaniv Grinstein of Cornell University's Johnson School of Management found that top five executives at public companies received $92 billion in total compensation from 2001 to 2003, amounting to 10.3 percent of their firms' total net income. The ratio was more than double the 4.8 percent from 1993 to 1995, the authors said. (Houston Chronicle.)