New story from Guardian.co.uk published by Mortimer Goth August 17, 2009
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It is time for action on excessive pay
The crisis we find ourselves in is one significantly caused by greed. The salaries of those at the top raced away while the median wage stagnated. Inequality grew, and an economic crisis ensued. The unjust rewards of a few hundred "masters of the universe" exacerbated the risks we were all exposed to many times over. Banking and executive remuneration packages have reached excessive levels. We believe now is the time for government to take decisive action. More: http://tinyurl.com/compensation79