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Will Swiss 'fat cats' be put on diets?


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#1    Render

Render

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Posted 03 March 2013 - 02:11 PM

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Switzerland's voters go to the polls to decide on controversial proposals which would impose strict limits on the salaries awarded to top executives.

http://www.bbc.co.uk...siness-21615080

Swiss referendum 'backs executive pay curbs'

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Swiss voters appear to have backed proposals to impose some of the world's strictest controls on executive pay, projected referendum results suggest.
Some 70% are thought to have supported plans to give shareholders a veto on compensation and ban big payouts for new and departing managers.

http://www.bbc.co.uk...europe-21647937


#2    redhen

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Posted 03 March 2013 - 03:43 PM

I have no opinion as to whether the Swiss fat cats will be put on a diet or not. I am continually impressed though that the Swiss process of referendum and recall allows for this type of true people power. I am envious.





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