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Re: France to cap top pay in state groups 

By: ribit in ROUND | Recommend this post (1)
Thu, 31 May 12 3:49 AM | 44 view(s)
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Msg. 41539 of 45651
(This msg. is a reply to 41537 by Decomposed)

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decomp
...if Im a corporate ceo type (which I ain't) and they slashed by money, I would be leaving smaller tips if any when I ate out and I would be cleaning my own pool and cutting my own grass. Mz Ribit would have to iron my shirts. Thing is, there are a lot of people who would suffer before me and mz ribit.

...but, I do agree that some or perhaps most of these folks are overpaid. Reminds me of a discussion on another board. The other poster was saying what a shame it was that a baseball pitcher made more than a school teacher. I told him, "Not if she has a 100 mph fastball."




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!


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The above is a reply to the following message:
France to cap top pay in state groups
By: Decomposed
in ROUND
Thu, 31 May 12 1:52 AM
Msg. 41537 of 45651

This is, obviously, a goal of America's liberals too. They're insanely bitter toward the successful. Make America more like France. You hardly ever find those bastards there! 

May 30, 2012 7:02 pm

France to cap top pay in state groups

By James Boxell in Paris


France’s new socialist government has launched a crackdown on excessive corporate pay by promising to slash the wages of chief executives at companies in which it owns a controlling stake, including EDF, the nuclear power group.

In a departure from the more boardroom-friendly approach of the previous right-of-centre administration, newly elected president François Hollande wants to cap the salary of company leaders at 20 times that of their lowest-paid worker.
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Mr Proglio earned €1.6m last year – 65 times more than his lowest-paid worker.

The government also wants to pressure other companies in which it owns a stake to follow its lead, even though it has no legal power to force such a change.

France is unusual in that it still owns large stakes in many of its biggest global companies, ranging from GDF Suez, the gas utility; to Renault, the carmaker; and EADS, parent group of passenger jet maker Airbus.

More: http://www.ft.com/intl/cms/s/0/0e1b6b50-aa79-11e1-9331-00144feabdc0.html#axzz1wOMsJqpx


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