Hope this is a beginning of a whole new area of corporate social responsibility, wherein, instead of shareholders determining bonuses, a government committee or external regulator would have the power to determine so. But it is not happening in the near future. Its just my wishful thinking. Since when did I start to think that the people had power with them; they wrote it off long time ago to the ones that earlier ruled them, and now purport to be elected, and continue to govern them!!!
Reference:
Edward Liddy asks AIG executives to repay bonuses
Reference:
Edward Liddy asks AIG executives to repay bonuses
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