Quote:
Kinich Ahau wrote
Here in Australia, after the last financial crisis there was a large backlash against CEO salaries and bonuses. The CEOs were shamed and cowered and vowed to listen and self regulate. This lasted a couple of years and just last week a study came out which showed that they are at record obscene levels again.
These raises and salaries are worst among the banks and financial institutions which have recently been investigated by a Royal Commission. The commission exposed extreme widespread fraud and criminal malpractice towards consumers. Self regulation is not an option.
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Qui custodiet ipsos custodes?