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steffie

steffie
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  • The Swiss are voting in a referendum today on an "anti-fat cat" initiative that would allow investors to hold binding votes on executive pay at listed companies and allow them to block large payouts at the start or end of a manager's employment. The measure is expected to pass. Companies that will be affected include Novartis (NVS), Nestle, UBS, Credit Suisse (CS), ABB, Roche, Transocean (RIG) and Weatherford (WFT). [View news story]
    One can only hope--with real hope now--that this will pass, add some common sense to the corporate world and be one of the necessary major game-changers.
    Mar 4, 2013. 08:09 AM | Likes Like |Link to Comment
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