Occupy Wall Street
Publisher: theage.com.au
10 Oct 2011
Executive pay the high cost of market failure
When it comes to executive pay, the market is broken. The game, you might say, is rigged. Chief executives and their assorted lobby groups are fond of saying "That's the market" when it comes to defending the massive salaries. "Look at America," they cry. "You have to pay top dollar to attract the best talent!"