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Christmas Comes Early For The Bank CEOs (Read 2859 times)
Sir lastnail
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Re: Christmas Comes Early For The Bank CEOs
Reply #15 - Nov 17th, 2010 at 10:49pm
 
Verge wrote on Nov 17th, 2010 at 8:21pm:
Because it bores me.  Because Swan is too gutless to make shareholders votes binding.

Also because you dont take things into perpective.

CBA Group in 2009 had a $3.9 billion dollar wages bill.  I have always said anyone who wants increases above CPI should justify them.
Above CPI of 1% on $3.9billion is how much exactly?

In companies like pacific brands, had the extra 1% it would have wiped out that years profit.


You libbos had 11 years and did nothing about it. And again what of the CEO's salary increase way above CPI. How do you justify that ??
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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.
 
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imcrookonit
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Re: Christmas Comes Early For The Bank CEOs
Reply #16 - Nov 18th, 2010 at 12:25pm
 
The Australian council of trade unions say, the average CEO earns at least 100 times the pay of the average worker.  Greens MP Adam Bandt has backed the ACTU push to rein in executive pay.  The Greens want to see a 50 percent marginal tax rate on incomes above $1 million, and a cap on executive salary packages of $5 million a year, Mr Bandt said.
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imcrookonit
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Re: Christmas Comes Early For The Bank CEOs
Reply #17 - Nov 18th, 2010 at 12:27pm
 
Vote 1 Australian Greens.    The fair and sensible people.
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gizmo_2655
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Re: Christmas Comes Early For The Bank CEOs
Reply #18 - Nov 18th, 2010 at 5:00pm
 
Sir lastnail wrote on Nov 17th, 2010 at 10:49pm:
Verge wrote on Nov 17th, 2010 at 8:21pm:
Because it bores me.  Because Swan is too gutless to make shareholders votes binding.

Also because you dont take things into perpective.

CBA Group in 2009 had a $3.9 billion dollar wages bill.  I have always said anyone who wants increases above CPI should justify them.
Above CPI of 1% on $3.9billion is how much exactly?

In companies like pacific brands, had the extra 1% it would have wiped out that years profit.


You libbos had 11 years and did nothing about it. And again what of the CEO's salary increase way above CPI. How do you justify that ??


Basically, unless the particular CEO has increased profits by 200%+, it really CAN'T be justified....
That being said, it's STILL a matter for the shareholders of the individual company to deal with....It's NOT public fund money....

If the silly buggers who own shares in the company and vote at shareholders meetings are happy to let THAT much of their profits go to the CEOs as salary....well that's really their problem....
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"I just get sick of people who place a label on someone else with their own definition.

It's similar to a strawman fallacy"
Bobbythebat
 
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Verge
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Re: Christmas Comes Early For The Bank CEOs
Reply #19 - Nov 18th, 2010 at 8:43pm
 
Sir lastnail wrote on Nov 17th, 2010 at 10:49pm:
Verge wrote on Nov 17th, 2010 at 8:21pm:
Because it bores me.  Because Swan is too gutless to make shareholders votes binding.

Also because you dont take things into perpective.

CBA Group in 2009 had a $3.9 billion dollar wages bill.  I have always said anyone who wants increases above CPI should justify them.
Above CPI of 1% on $3.9billion is how much exactly?

In companies like pacific brands, had the extra 1% it would have wiped out that years profit.


You libbos had 11 years and did nothing about it. And again what of the CEO's salary increase way above CPI. How do you justify that ??


And Im peeve nothing was done then.

But because nothing was done doesnt justify for it to continue does it.

Im no sheep follower nail, but hey, try and make it my fault somehow
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And why not, if you will permit me; why shouldn’t I, if you will permit me; spend my first week as prime minister, should that happen, on this, on your, country - Abbott with the Garma People Aug 13
 
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Sir lastnail
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Re: Christmas Comes Early For The Bank CEOs
Reply #20 - Nov 19th, 2010 at 10:21am
 
gizmo_2655 wrote on Nov 18th, 2010 at 5:00pm:
Sir lastnail wrote on Nov 17th, 2010 at 10:49pm:
Verge wrote on Nov 17th, 2010 at 8:21pm:
Because it bores me.  Because Swan is too gutless to make shareholders votes binding.

Also because you dont take things into perpective.

CBA Group in 2009 had a $3.9 billion dollar wages bill.  I have always said anyone who wants increases above CPI should justify them.
Above CPI of 1% on $3.9billion is how much exactly?

In companies like pacific brands, had the extra 1% it would have wiped out that years profit.


You libbos had 11 years and did nothing about it. And again what of the CEO's salary increase way above CPI. How do you justify that ??


Basically, unless the particular CEO has increased profits by 200%+, it really CAN'T be justified....
That being said, it's STILL a matter for the shareholders of the individual company to deal with....It's NOT public fund money....

If the silly buggers who own shares in the company and vote at shareholders meetings are happy to let THAT much of their profits go to the CEOs as salary....well that's really their problem....


The problem is that the share holder vote is nor more binding than Sylvester cat's vote Sad
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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.
 
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Sir lastnail
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Re: Christmas Comes Early For The Bank CEOs
Reply #21 - Nov 19th, 2010 at 10:23am
 
Verge wrote on Nov 18th, 2010 at 8:43pm:
Sir lastnail wrote on Nov 17th, 2010 at 10:49pm:
Verge wrote on Nov 17th, 2010 at 8:21pm:
Because it bores me.  Because Swan is too gutless to make shareholders votes binding.

Also because you dont take things into perpective.

CBA Group in 2009 had a $3.9 billion dollar wages bill.  I have always said anyone who wants increases above CPI should justify them.
Above CPI of 1% on $3.9billion is how much exactly?

In companies like pacific brands, had the extra 1% it would have wiped out that years profit.


You libbos had 11 years and did nothing about it. And again what of the CEO's salary increase way above CPI. How do you justify that ??


And Im peeve nothing was done then.

But because nothing was done doesnt justify for it to continue does it.

Im no sheep follower nail, but hey, try and make it my fault somehow


Buy you libbos are the first ones to cry about measly pay rises for low income workers but do and say absolutely nothing about your rich mates. Why ??
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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.
 
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gizmo_2655
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Re: Christmas Comes Early For The Bank CEOs
Reply #22 - Nov 19th, 2010 at 11:55am
 
Sir lastnail wrote on Nov 19th, 2010 at 10:21am:
gizmo_2655 wrote on Nov 18th, 2010 at 5:00pm:
Sir lastnail wrote on Nov 17th, 2010 at 10:49pm:
Verge wrote on Nov 17th, 2010 at 8:21pm:
Because it bores me.  Because Swan is too gutless to make shareholders votes binding.

Also because you dont take things into perpective.

CBA Group in 2009 had a $3.9 billion dollar wages bill.  I have always said anyone who wants increases above CPI should justify them.
Above CPI of 1% on $3.9billion is how much exactly?

In companies like pacific brands, had the extra 1% it would have wiped out that years profit.


You libbos had 11 years and did nothing about it. And again what of the CEO's salary increase way above CPI. How do you justify that ??


Basically, unless the particular CEO has increased profits by 200%+, it really CAN'T be justified....
That being said, it's STILL a matter for the shareholders of the individual company to deal with....It's NOT public fund money....

If the silly buggers who own shares in the company and vote at shareholders meetings are happy to let THAT much of their profits go to the CEOs as salary....well that's really their problem....


The problem is that the share holder vote is nor more binding than Sylvester cat's vote Sad


Sure it is nails, if more than 51% of the voting stock is in favour of one opinion on a subject, then that vote carries...

Now, I don't know what percentage of NAB stocks are in the hands of ordinary Australians...But if they can get enough people, they CAN change it...
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"I just get sick of people who place a label on someone else with their own definition.

It's similar to a strawman fallacy"
Bobbythebat
 
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Verge
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Re: Christmas Comes Early For The Bank CEOs
Reply #23 - Nov 19th, 2010 at 2:29pm
 
Sir lastnail wrote on Nov 19th, 2010 at 10:23am:
Verge wrote on Nov 18th, 2010 at 8:43pm:
Sir lastnail wrote on Nov 17th, 2010 at 10:49pm:
Verge wrote on Nov 17th, 2010 at 8:21pm:
Because it bores me.  Because Swan is too gutless to make shareholders votes binding.

Also because you dont take things into perpective.

CBA Group in 2009 had a $3.9 billion dollar wages bill.  I have always said anyone who wants increases above CPI should justify them.
Above CPI of 1% on $3.9billion is how much exactly?

In companies like pacific brands, had the extra 1% it would have wiped out that years profit.


You libbos had 11 years and did nothing about it. And again what of the CEO's salary increase way above CPI. How do you justify that ??


And Im peeve nothing was done then.

But because nothing was done doesnt justify for it to continue does it.

Im no sheep follower nail, but hey, try and make it my fault somehow


Buy you libbos are the first ones to cry about measly pay rises for low income workers but do and say absolutely nothing about your rich mates. Why ??


I dont cry about it mate.

How many times have I said that all payrises above CPI need to be justified.

But fools like yourself cry about it after the fact.

I have always maintained that increases above CPI should be justified and you see a problem with that?
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And why not, if you will permit me; why shouldn’t I, if you will permit me; spend my first week as prime minister, should that happen, on this, on your, country - Abbott with the Garma People Aug 13
 
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