Taxpayer Subsidy to Former Hospital CEO Is Equal to 16,800 Months of Food Stamps

We all know how hard it is to get by on a $5 million a year salary in New York City. Therefore readers should not feel bad about subsidizing the $5.6 million paycheck for Herbert Pardes, the former CEO of New York-Presbyterian Hospital and now the executive vice-chairman of its board of trustees. 


The NYT had an interesting piece on Dr. Pardes salary as well as the pay of other top executives at large hospitals. However the piece erred in presenting the issue of these large paychecks as...

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Published on July 16, 2014 02:00
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