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  • Thinking Ethics was a project launched in Geneva to foster the debate about ethics. A few friends, fed up with only reading about abuses in the media, decided to hold a forward-looking seminar on five subjects: ethics and performance, ethics and knowledge, ethics and consciousness, ethics and disobedience and ethics in real time. If moral has to do with right and wrong, then ethics is its application in society. We believe that people need to talk about the subject to determine the level of ethics they want. The book Thinking Ethics, a result of the seminar, is to start the discussion. This blog is a contribution to the conversation.
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  • Andrea Spencer-Cooke
  • Pascal Marmier
  • Kelly Richdale
  • Stephen Whittle
  • Steve Bowbrick
  • Beth Krasna

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October 15, 2008

Curbing executive pay in the financial sector

There was some hope that the crisis would be the driver to finally correct the excesses of executive pay in the financial sector. There are some new guidelines with teeth for compensations above 500'000$ annually, but the general opinion is that the banks and financial institutions will find creative ways around them. More details here.

Posted by on October 15, 2008 at 02:51 PM in Business |

Tags: banks, executive pay, financial sector

Comments

G. Scheller

Hi!

put the number at 5 Mio. for the top and we are then talking sence. in germany that number is taxed to the tune of 40 % all tricks included.

take care george scheller

Posted by: G. Scheller | November 06, 2008 at 02:47 PM

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