CEO Daily: Monday, September 14 – Fortune

by admin on September 14, 2015

Donald Trump aimed his blunt bazooka at CEO pay during an appearance on CBS Face the Nation Sunday. “It’s disgraceful,” he said of high CEO salaries. “It’s a total and complete joke.”

 

He then took gratuitous aim at Macy’s, which has dropped his men’s clothing line in the wake of his comments about immigration. “You take a company like, I could say Macy’s or I could say many other companies, where they’ll put in their friend as the head of a company and they get whatever they want.”

 

Trump went on to say that “it’s very hard if you have a free enterprise system to do anything about that.” Meanwhile, he promised to unveil a tax plan that would have lower taxes for companies repatriating earnings, and higher taxes “for the hedge fund guys.”

 

The candidate also continued his attack on Carly Fiorina’s business record, citing “the top man at Yale Law School” as his source. By that he meant Jeffrey Sonnenfeld, who is actually at the Yale School of Management, and wrote a thoughtful Fiorina analysis for Fortune that you can read here.

 

The nonstop bluster only seems to be boosting Trump’s support. A Washington Post poll out this morning shows he now has the support of 33% of Republicans – up nine points since mid-July. Jeb Bush has 8%. Scott Walker has plummeted to 2% from 13% in July.

 

If you take this as reality TV rather than a campaign to choose the leader of the free world, it’s fun to watch. Jimmy Fallon’s skit with Trump Friday night – in which Fallon, playing Trump, interviewed the real Trump in the mirror – is especially amusing.

 

Enjoy the day. Tomorrow will come.

 

 

 

 

 

 

Source Article from http://fortune.com/2015/09/14/ceo-daily-monday-september-14/

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