Michelle Leder publishes the footnoted.org blog. She has written about personal finance and investing for the past 16 years; as a daily journalist, she won awards including the Society of Business Editors and Writers’ Best in Business award.

The journalist and blogger discusses executive compensation, SEC rule changes and corporate sleuthing with CNBC's Liz Claman in an exclusive interview on cnbc.com’s home page.

Leder predicts that 2007 will bring some “eye-popping” disclosures about CEO compensation. After all, 2006 has had its share of large payouts. She makes an example of a possibly disproportionate award: Viacom’s $9.8 million package for outgoing CFO Michael Dolan -- only on the job since May 2005.

Proclaiming her advocacy of the small investor, the journalist quotes Rep. Barney Frank (D-Mass.) as telling "The Washington Post" that he defines executive compensation as “the No. 1 domestic issue” to confront when the Democrats take power in 2007.

(Editor's note: Since this interview took place, we have since learned Leder misquoted Rep. Frank. The original article in "The Washington Post" quoted Rep. Frank as calling inequality of incomes the "No. 1 problem facing the U.S. domestically." He vowed to hold hearings early this year on executive compensation.)

On a happier note, Leder says several companies are “doing a really good job” of seeking financial transparency. One firm she singles out for praise is Honeywell International.

Leder Praises, Scolds:

HON

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