It's Good to Be the CEO

Here's a surprise: A study commissioned by a group representing CEOs of some of the country's biggest companies has found that CEO pay isn't really out of control.

The response from corporate pay critics: Tell us another good one!

According to the report, which comes from compensation consultant Frederick Cook, the median pay of CEOs over the last 10 years has risen roughly in line with returns seen by shareholders of their companies. While big pay packages get lots of press, the median large- company CEO was paid about $6.8 million last year, which was actually about 3% less than the year before, according to the report. ...