'Income inequality is a real problem in this country … but the problem is not CEO pay. I think it might be everybody else's pay,' the 'Mad Money' host says.
on Monday voiced his support for both large pay packages for CEOs and addressing income inequality in America.host likened the process of recruiting and retaining the cream-of-the-crop chief executives to the way that sporting organizations land elite players — demand bids their price tags higher.
Cramer suggested that anyone opposed to the big paychecks that Dimon and other notable CEOs receive should take it up with the respective companies' boards, who solicit outside help to put together the best pay and bonuses for leaders.
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