Search the Archive

Economy / Executive Wages #297007

CBS Evening News for Thursday, May 17, 1984
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio) Trade representative William Brock recalled recently criticizing large bonuses for auto ind. execs.
REPORTER: Dan Rather

(NYC) Incomes of NCR chairperson William Anderson, Ford chairperson Philip Caldwell, Union Pacific president William Cook, Sears chairperson Edward Telling listed on screen; executive pay increases last year, compared with raises for other employee categories, graphed on screen. [CALDWELL - defs. executive wages.] [Democracy Project spokesperson Mark GREEN - explains opposition to system of self-enrichment in major corporations.] ["Forbes" spokesperson Malcolm FORBES, Junior - feels compensation is not unfair.] J. Robert Fluor, Michael Bergerac noted receive major raises while shareholders lost money or receive minimal returns. [UAW president Doug. FRASER - thinks system is based on ego, status.] Implications for auto industry considered. [Auto WORKERS - resent their sacrifices.]
REPORTER: Jane Bryant Quinn

Reporter(s):
Quinn, Jane Bryant;
Rather, Dan
Duration:
00:03:30

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.