A Fat Cat Index
So we can see which executives loot their organisations most and allow us to better decide which products to buy, or boycott.
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Britain-based Barclays (BARC.L) increased its bonus pool by 46% to 1.1 billion pounds ($1.5 billion), up from 749 million pounds a year earlier, while HSBC (HSBA.L) topped up its bonus pool by $900 million in the first half. Though the UK has nothing on the corrupt types in the US. Check this out from like 7 years ago. Not sure why there isn’t a list already somewhere(?)… https://www.theguardian.com/us-news/2015/dec/02/forbes-list-fat-cats-have-more-money-than-all-regular-cat-owners-in-america
“The remuneration committees which decide pay packages are made up almost entirely of other directors. This creates a self-serving system in which one group of directors pays another exorbitant salaries, and these then act as the ‘competitive benchmark’ for the next round. In other words, it is the power of directors as a group to set their own salaries that determines their level and growth.”
Theresa May had a handy list of them all for herself. Not sure how she planned to use the list though. Not to have them investigated I guess?
This would be handy if the people on the list were also listed by the company they worked for. It should include everyone who earns more in a day than the rest of us do in a year. I don’t care how clever their business idea was, another person isn’t worth 365.25 of me. Read this from the BBC.