U.S. CEO's make big bucks

Corruption and greed in corporate America? No, no, it's not that bad. The debacles of Enron, WorldCom, Adelphia etc. were misleading. Fact is: the managers really deserve every penny they earn. They even deserve more. Guess what? They got it. Chief executives at many of the biggest U.S. companies got an average 5% raise last year. Now they earn an average of $10.7 million. That's around $42,700 per work-day. In a survey of 50 large American companies, restricted stock and other performance-based incentives constituted 41 percent of long-term CEO compensation, up from 18 percent in 2003. The percentage was the highest since 1994.