52:31 minutes (25.21 MB)
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Despite the tough economy, CEOs at major companies are still making nearly 350 times as much as the average American worker.
Each year, around labor day, the Institute for Policy Studies puts out a report on what they call "executive excess" - the huge gap between employees and top bosses. But the study doesn't just focus on what some might call "greed" - it's also about accountability, and pay for performance.
For instance, the heads of Fannie Mae and Freddie Mac both made significantly more than the average S&P 500 CEO - despite leading their companies straight into the teeth of the mortgage crisis. At General Motors, closing plants, and a product line out of step with consumer tastes got CEO Rick Wagoner a 64 percent raise.
Today, Where We Live - a look at CEO pay, and some analysis of what really is excessive. And, we'd like you to join the conversation - how much is too much?