Robert Ulrich

Last year was abysmal for American workers, right? Not if you’re a CEO. Reuters reports that more CEOs saw pay increases last year than saw pay cuts. On top of that, “the median salary for CEOs of 200 large corporations increased by 4.5 percent to $1.08 million,” according to a new survey released Tuesday by [...]

When Nasser Kazeminy’s name is mentioned in the media, it’s almost invariably preceded by the phrase “reclusive businessman.” The Iranian-born chairman of Bloomington-based NJK Holdings does plenty of talking, however, with his checkbook. Since 1990, Kazeminy has given nearly $800,000 to Republican candidates and causes, according to the Center for Responsive Politics, while his wife Yvonne has chipped in another $123,300 to campaign coffers.

This week, however, Kazeminy’s name has been in the papers for an alleged payout that doesn’t show up on any Federal Election Commission records. On Monday, Harper’s Ken Silverstein reported, citing two anonymous sources, that the businessman had footed the bill for lavish clothing purchases by Sen. Norm Coleman at Neiman Marcus in Minneapolis.