Financial is by its nature complicated, a good attempt at digesting the current dissatisfation and how previous attempts have failed. This has been a constant problem for at least the last century when we began allowing corporations to be treated as people instead of associations. In order to be effective any new legislation will have to address compensation, structure, identity, nationality, stockholder and taxpayer rights and liability for ALL corporate actions.

Will they get slashed? Not likely. Recently a motion went before a board for a pay rise of several million for one exec. And he got it. Why? Because he had 200,000 shares in the company and his vote carried the motion. One man one vote instead of one share one vote might help. What it really needs is for someone who doesn't have a vested interest to set the salaries. I'd say no chance. Forget the old saying pay peanuts and get monkeys. Pay more peanuts and all you get is fat monkeys. ... More »