BUSINESS

Why CEO Pay Is So Out Of Whack

New Delhi, INDIA: Vice-chairman of US based supermarket giant Wal-Mart, Mike Duke gestures during a meeting with Indian Agric
New Delhi, INDIA: Vice-chairman of US based supermarket giant Wal-Mart, Mike Duke gestures during a meeting with Indian Agricultural Minister Sharad Pawar in New Delhi, 23 February 2007. Bharti Enterprises, which has tied-up with Wal-Mart, said discussions are on over business arrangement with the US firm for their retail venture, Press Trust of India said. AFP PHOTO/ MANAN VATSYAYANA (Photo credit should read MANAN VATSYAYANA/AFP/Getty Images)

In 1965, America's big companies had a hell of a year. The stock market was booming.

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