Promising that the bonus for the few (aka ''Executives') will in the future be limited to 200% of salary is a slap in the face of ordinary workers. This compensation Apartheid is not justified by any business rationale and can only continue with the tacit support of the major fiduciaries that manage our money, be the banks, insurance companies or fund managers. Time for the regulators or politics to intervene?
(25-March-2018)
Another Cop-out by Persimmon (Paywall)
Yesterday, the SEC announced that current Gibson Dunn partner Jim Moloney
has been named the new Director of the Division of Corporation Finance. Mr.
Molon...
3 hours ago