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In a release timed no doubt to coincide with Russell Cropanzano’s blog entry ‘Why Does Unethical Leadership Exist’, the Institute for Policy Studies issued a report in which they find that nearly 40% of highest paid US CEOs of the last 20 years were bailed out or went bankrupt (22%), fired (8%) or charged with fraud (8%). The average golden parachute? $48 million USD. You can download their full report from the IPS site here (clicking link will download the pdf from the IPS site). The article in the IPS site also has an excel with the compensation data for the 25 highest paid CEOS over the last 20 years (downloads an excel file from the IPS site), and Executive Excess Reports from earlier years. Or you can just watch the youtube video below (with apologies to our readers in China readers – no youku video!).

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