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Ralph Nader Radio Hour

Outrageous CEO Pay/Progressive Banks/Remembering Dick Gregory

Ralph Nader Radio Hour

Ralph Nader

Government, News

4.81.1K Ratings

🗓️ 26 August 2017

⏱️ 69 minutes

🧾️ Download transcript

Summary

Ralph dissects how your boss makes 500 times more than you do with Steven Clifford, author of The CEO Pay Machine: How it Trashes America and How to Stop It. And the President of the progressive Amalgamated Bank, Ken Mestrich, joins us to discuss why small banks like his are where you should putting your money. Plus, David, Steve and Ralph talk about the late great comedian, Dick Gregory.



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Transcript

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0:00.0

From the K-P-F-K studios in Southern California,

0:03.6

it's the Ralph Nader Radio Hour.

0:05.7

Stand up, stand up.

0:07.8

You've been sitting great to long.

0:11.2

Welcome to the Ralph Nader Radio Hour. My name is Steve Scrovan along with my co-host

0:19.7

David. David. Very excited that today's show.

0:24.0

We have a very good show and here to share it with us is the man of the hour.

0:28.0

Ralph Nader.

0:29.0

Hello, Ralph.

0:30.0

Hello Steve, David, Jimmy, we're going to shock some of our listeners who think they know a lot about corporate greed.

0:37.5

This one is going to show exactly how the greed is not self-contained with some CEOs but

0:45.0

ramifies itself throughout the whole economy, workers, savers, and the whole

0:51.3

tone of business morality.

0:54.1

That's right.

0:55.1

You've heard Ralph often talk about that, the sometimes outrageous sums that corporate

1:00.1

CEOs make, especially in relation to their labor forces, sometimes 500 times more than their workers.

1:06.0

So we'll be talking to Stephen Clifford, a former CEO himself, who is an insider's view of how some people get that kind of sweet deal.

1:14.3

His book is entitled the CEO Pay Machine, how it trashes America and how to stop it.

1:20.0

We're also going to take another look at the banking industry.

1:23.0

In the past we've talked about ways around the Wall Street Banks, whether it was state banks or postal banking,

1:29.0

the value of credit unions.

1:31.0

In the second half of the show, we're going to talk to the head of a bank that serves working people. That's Keith Mestrich of

...

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