Credit The Wall Street Journal for some good number-crunching and analysis today on a hidden facet of executive pay, which—guess what?—allows execs to take more of their shareholders’ money.
Mark Maremont, one of the Journal’s top investigative reporters (he’s also an editor), finds that some companies have been secretly “turbocharging their executives’ pensions” by using a formula that skews too much toward the benefit of the executives
(H/t to Ryan Chittum)
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