Press Releases from 1999

Report: growing divide at decade's end

bob — Wed, 15 Dec 1999 00:00:00 -0800

For Immediate Release Dec. 15, 1999
Contact: Betsy Leondar-Wright
(617) 423-2148 x13

Complete Report: HTML | PDF
Printed copies are $3.00. To order, contact UFE (see info at bottom of page).

The Racial Wealth Gap: Left Out of the Boom

bob — Thu, 30 Sep 1999 00:00:00 -0700

Press Release
For Immediate Release - Sept. 30, 1999
Contact:Betsy Leondar-Wright
(617) 423-2148 x13

A Decade of Executive Excess: The 1990s

bob — Wed, 1 Sep 1999 00:00:00 -0700

A Decade of Executive Excess: The 1990s

Sixth Annual Executive Compensation Survey

September 1, 1999

by Sarah Anderson, John Cavanagh and Ralph Estes of the Institute for Policy Studies and Chuck Collins and Chris Hartman of United for a Fair Economy
Research Assistance: Scott Klinger, Aaron Lester

Religious Congregations Challenge Growing Inequality

bob — Thu, 3 Jun 1999 00:00:00 -0700

Press Advisory
For Immediate Release - June 3, 1999
Contact:Bonnie Shulman
(617) 423-2148 x19

Religious Congregations Move Past Hand-outs to Challenge Growing Inequality

Tired of just hand-outs and band-aid solutions, more religious congregations are turning their attention to the economic structures that are causing the widening gap between the very rich and most Americans.

Shareholders Press AT&T on Wage Gap, Exec Raises After Lay-Offs

bob — Wed, 19 May 1999 00:00:00 -0700

Press Advisory
For Immediate Release - May 17, 1999
Contact:Betsy Leondar-Wright
(617) 423-2148 x13

Shareholders Press AT&T on Wage Gap, Executive Raises After Lay-Offs

A group of AT&T shareholders are challenging the company's Board of Directors to set a maximum ratio between the pay of the CEO and that of the lowest-paid worker in the company.

Shareholders Press BankAmerica on Wage Gap & More After Merger

bob — Mon, 26 Apr 1999 00:00:00 -0700

Press Release
For Immediate Release - April 26, 1999
Contact:Betsy Leondar-Wright
(617) 423-2148 x13

Shareholders Press AlliedSignal on Wage Gap, Exec. Raises After Layoffs

bob — Thu, 22 Apr 1999 00:00:00 -0700

Press Release
For Immediate Release - April 22, 1999
Contact:Betsy Leondar-Wright
(617) 423-2148 x13

Shareholders Press AlliedSignal on Wage Gap, Executive Raises After 11,000 Layoffs

"AlliedSignal's efforts to cut costs have been disproportionately focused on the factory floor, while ignoring the executive suite and the board room, further exacerbating the wage gap between corporate leaders and average employees."- Shareholder Resolution

Shareholders Press Huffy on Wage Gap After Plant Closing, Layoffs

bob — Tue, 20 Apr 1999 00:00:00 -0700

Press Release
For Immediate Release - April 20, 1999
Contact:Betsy Leondar-Wright
(617)423-2148 x13

Shareholders Press Huffy on Wage Gap, CEO Raise After Plant Closing and 1,000 Layoffs

"While Huffy's leaders have been focusing on cutting costs on the factory floor, they have not focused similar attention on containing costs in the executive suite or in the Boardroom."

- Shareholder Resolution

Shareholders Press BankBoston on CEO Pay after Fleet Merger

bob — Tue, 20 Apr 1999 00:00:00 -0700

Press Release
For Immediate Release - April 20, 1999
Contact: Betsy Leondar-Wright
(617) 423-2148 x113

Shareholders Press GE on "Out of Control" CEO pay

bob — Tue, 20 Apr 1999 00:00:00 -0700

Press Advisory
For Immediate Release - April 20, 1999
Contact:Betsy Leondar-Wright
(617) 423-2148 x113

Shareholders Press GE on "Out of Control" CEO pay, Threaten to Bring Bad Things to Light

GE shareholders are challenging the company's Board of Directors to set a maximum ratio between the pay of the CEO and that of the lowest-paid worker in the company, citing General Electric CEO Jack Welch's dramatically rising compensation and the elimination of 128,000 jobs during his 17-year tenure.

Shareholders press Citigroup on CEO pay

bob — Thu, 15 Apr 1999 00:00:00 -0700

Press Advisory
For Immediate Release - April 15, 1999
Contact:Betsy Leondar-Wright
(617) 423-2148 x13

Shareholders press Citigroup on CEO pay; Weill salary questioned in fortune cookies

PHOTO OP: Tuesday, 4/20, 8:30 - 9 am
Carnegie Hall, 57th St & 7th Ave, NYC

Citigroup shareholders will vote Tuesday April 20 on a shareholder resolution that calls on the company to establish a maximum ratio between the pay of the CEO and that of the lowest-paid worker in the company.

Wealthy Taxpayers Give Away $1.5 million in Tax Breaks

bob — Tue, 13 Apr 1999 00:00:00 -0700

Press Release
For Immediate Release - April 13, 1999
Contact:Betsy Leondar-Wright
(617)423-2148 x13

Wealthy Taxpayers Give Away $1.5 million in Tax Breaks

"Stop giving us tax breaks! We don't need them and we won't accept them. I plan to give away my windfall from last year's capital gains tax cut. And I plan to speak out against all this year's proposals for more tax cuts for wealthy people like me."

Shareholders Act to Link Executive Pay to Worker Pay

bob — Thu, 8 Apr 1999 00:00:00 -0700

Press Release
For Immediate Release - April 8, 1999
Contact: Betsy Leondar-Wright
(617)423-2148 x13

Dow Breaks 10k But Typical Hshld Wealth Down Since '83

bob — Mon, 29 Mar 1999 00:00:00 -0800

Press Release
For Immediate Release - March 29, 1999
Contact:Betsy Leondar-Wright
(617) 423-2148 x13

Fairness Group Lauds Donnelley Shareholder Vote on Pay Equity

bob — Thu, 25 Mar 1999 00:00:00 -0800

Press Release
For Immediate Release - March 25,1999
Contact:Betsy Leondar-Wright
(617)423-2148 x13

Economic Fairness Group Lauds Donnelley Shareholder Vote on Pay Equity

A surpising 16.2% vote by R.R. Donnelley shareholders this morning for a wage gap resolution was hailed as ìsending a strong signal to management on the issue of pay equity,î according to Heidi Soumerai, a Vice President of United States Trust Company, Ms. Soumerai presented the resolution at the annual meeting today in Chicago.

Press Releases from 1999

Report: growing divide at decade's end

The Racial Wealth Gap: Left Out of the Boom

A Decade of Executive Excess: The 1990s

A Decade of Executive Excess: The 1990s

Contents

Religious Congregations Challenge Growing Inequality

Religious Congregations Move Past Hand-outs to Challenge Growing Inequality

Shareholders Press AT&T on Wage Gap, Exec Raises After Lay-Offs

Shareholders Press AT&T on Wage Gap, Executive Raises After Lay-Offs

Shareholders Press BankAmerica on Wage Gap & More After Merger

Shareholders Press AlliedSignal on Wage Gap, Exec. Raises After Layoffs

Shareholders Press AlliedSignal on Wage Gap, Executive Raises After 11,000 Layoffs

Shareholders Press Huffy on Wage Gap After Plant Closing, Layoffs

Shareholders Press Huffy on Wage Gap, CEO Raise After Plant Closing and 1,000 Layoffs

Shareholders Press BankBoston on CEO Pay after Fleet Merger

Shareholders Press GE on "Out of Control" CEO pay

Shareholders Press GE on "Out of Control" CEO pay, Threaten to Bring Bad Things to Light

Shareholders press Citigroup on CEO pay

Shareholders press Citigroup on CEO pay; Weill salary questioned in fortune cookies

Wealthy Taxpayers Give Away $1.5 million in Tax Breaks

Wealthy Taxpayers Give Away $1.5 million in Tax Breaks

Shareholders Act to Link Executive Pay to Worker Pay

Dow Breaks 10k But Typical Hshld Wealth Down Since '83

Fairness Group Lauds Donnelley Shareholder Vote on Pay Equity

Economic Fairness Group Lauds Donnelley Shareholder Vote on Pay Equity