Saturday, April 18, 2009

CBA exec pay cut plan 'has sting in its tail' - ABC News (Australian Broadcasting Corporation)

The CBA exec pay cut plan 'has sting in its tail' news item includes this little gem:

"I welcome that and it's open to other CEOs to follow in his footsteps. We all have to pull together in these difficult times."
So a 10% pay cut is their idea of 'pulling together'. Tell you what mate, if you were in my rowboat, you would not be pulling anything together with us, you would be dog-paddling instead, after walking the plank.
I think a 25% pay cut might be called 'pulling together'. 10%: what an insult. What planet are you pigs on. You have obviously been in the trough so long you don't have a clue about the world beyond it.

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