BusinessWeek's analysis shows even the richest and savviest of top U.S. executives have been wounded by the tough stock marketBig-name U.S. CEOs have taken a bath, but not the kind that leaves you feeling warm and relaxed.
As the bears took over Wall Street, chief executives, rewarded handsomely in years past with stock options, have seen the value of their holdings plummet.
The continuing financial crisis and fears of a U.S. recession have sent the broad Standard & Poor's 500-stock index down 15% since its peak in October. BusinessWeek asked financial information provider Capital IQ to analyze how this stock market correction has affected CEOs of major U.S. companies. (Capital IQ, like BusinessWeek, is a unit of The McGraw-Hill Companies (MHP).)
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