‘We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits

Taking a modern-century spin on “Let them eat cake,” shareholders are having the whole cake, and eating it too. It’s no shock the boardroom is able to stay above the fray as wealthy members are more equipped to weather economic downturns. But it turns out CEOs and shareholders are walking away with an even greater...