Corporate Ethics

PM challenged on executives’ pay

Greens MPs - November 17, 2008 - 1:34pm

Greens Leader Bob Brown says Prime Minister Rudd's global commitment to curbing greedy executives' pay contrasts with his repeated blocking of efforts in parliament.

For example, Senator Brown's motion calling on the government to "ensure that, as a minimum, no financial institutions executives' pay will increase as a consequence of government ... guaranteeing deposits' was voted down by Labor on 14 November.

"Where is there any sign of any action to curb the executive largesse?" Senator Brown said.

In Washington overnight, Mr Rudd complained that: Read more »