Really Goofy: A CEO ‘Job Creator’ Barks Back

Sam Pizzigati Editor, Too Much online magazine

Disney CEO Bob Iger has a new pay deal that could reap him, Institutional Shareholder Services estimates, as much as $423 million over the next four years. Senator Bernie Sanders from Vermont wants to know how Iger could be making hundreds of millions “while workers at Disneyland are homeless and relying on food stamps to feed their families.” Disney flacks have no official comment on that. Iger himself did comment on Facebook to an earlier Sanders barb. Wrote the cranky chief exec: “To Bernie Sanders: We created 11,000 new jobs at Disneyland in the past decade and our company has created 18,000 in the U.S. in the last five years. How many jobs have you created?” Analysts last December noted that Iger’s upcoming Disney merger with Fox “could mean job cuts of between 5,000 and 10,000 at the Mouse House once the deal closes.”

***

Sam Pizzigati edits Too Much, the online weekly on excess and inequality. He is an associate fellow at the Institute for Policy Studies in Washington, D.C. Last year, he played an active role on the team that generated The Nation magazine special issue on extreme inequality. That issue recently won the 2009 Hillman Prize for magazine journalism. Pizzigati’s latest book, Greed and Good: Understanding and Overcoming the Inequality that Limits Our Lives (Apex Press, 2004), won an “outstanding title” of the year ranking from the American Library Association’s Choice book review journal.

Posted In: Union Matters

Stronger Together

 Stronger Together

Union Matters