Compensation expert Graef Crystal. He used to design compensation packages for CEOs. But he's since become critical of the widening gap between what top executives make and what workers do. He recently conducted a preliminary survey of executive compensation in the nation's largest corporations. The survey found that the pay of chief executives has been rising, while that of workers has stagnated.
Business consultant and professor Graef (rhymes with "waif") Crystal. Crystal spent many years telling CEOs of major corporations how to get bigger salaries. Now he's taking the exact opposite tack, speaking out against the astronomical salaries many executives receive, whether or not their companies do well. That's the subject of his new book, "In Search of Excess."