Cohen, Larry

Larry Cohen is president of the Communications Workers of America (CWA). The CWA represents more than 700,000 workers employed in telecommunications, the media, public sector, manufacturing, health care and airlines.

Why Can’t CEOs Do the Math on Their Pay?

By Donald Cohen 

The SEC is dragging its feet implementing a section of the Dodd-Frank reform that would require publicly traded companies to calculate the ratio between the CEO’s pay and that of the firm’s median pay package. The New York Times editorial board urges them to push forward.

Corporate lobbyists say it’s too complicated to figure out the math. They figured out how to create uber-complex financial products that untangled the global economy, but aren’t able to divide the CEO’s earnings (they must know) by the median employee pay?

Of course, the real reason they oppose the law is that they don’t want to add fire to the public debate about excessive CEO salaries – certainly while the rest of America struggles to pay bills, put kids through college and afford mortgage payments. Obscurity, not transparency, benefits the privileged.

Nearly Half US Residents (and Californians) Don't Meet Minimum Internet Broadband Speed Standard

Larry Cohen
Communication Workers of America

According to new research released Wednesday by the Communications Workers of America (CWA), 49 percent of U.S. residents do not meet the FCC’s minimum broadband standard of 4 megabits per second (mbps) download and 1 mbps upload. CWA’s annual Speed Matters report on Internet speeds in the United States indicates little progress has been made since the report was first issued in 2007.

These findings are important because improving broadband deployment, connection speeds, and adoption will help facilitate job and business growth across the nation.