Dispatch from the Department of Pot-Meet-Kettle . . .
Katie Couric has demanded "humility" from Wall Streeters making seven-figure incomes. This from a woman pulling down . . . eight figures [an estimated $15 million/year ] from CBS while cementing the Evening News' caboose status.
Couric made her hypocritical plea in her " Notebook " segment yesterday, commenting on Pres. Obama's pay czar's plan to cut compensation for employees of financial firms that have received bail-out bucks [emphasis added]:
Even so, is it really Couric's place to preach humility to others for what she sees as their inflated salaries?
Katie Couric has demanded "humility" from Wall Streeters making seven-figure incomes. This from a woman pulling down . . . eight figures [an estimated $15 million/year ] from CBS while cementing the Evening News' caboose status.
Couric made her hypocritical plea in her " Notebook " segment yesterday, commenting on Pres. Obama's pay czar's plan to cut compensation for employees of financial firms that have received bail-out bucks [emphasis added]:
Critics of the proposed cuts say the big salaries attract the best talent - and that capitalism keeps the government out of private sector pay.We can debate the merits of the Obama admin plan. And it's true that, as far as I know, neither CBS nor its corporate parents received bailout funds [in contrast with, say, Keith Olbermann's corporate parent GE, whose GE Finance arm got a $139 billion government loan guarantee ].
But Wall Street's seven figure svengalis got us into this mess in the first place. And taxpayers kept them afloat. Now isn't the time to pat themselves on the back. A little humility, not hubris, is in order.
Even so, is it really Couric's place to preach humility to others for what she sees as their inflated salaries?
