New story from The Sydney Morning Herald published by Mortimer Goth November 3, 2009
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Greed is not good enough: why shareholders vote 'no' on salaries run amok
The board of the construction giant Leighton Holdings will be read the riot act at its annual meeting tomorrow as investors put their votes to action over the excessive cash bonuses, generous fixed pay and outlandish termination payments the company deemed fit to dole out at a time when the share price and group profit were down and write-downs were at near record highs. More: http://tinyurl.com/compensation179
