This blog gives you the latest topical news plus some informal comments on them from ShareSoc’s directors and other contributors. These are the personal comments of the authors and not necessarily the considered views of ShareSoc. The writers may hold shares in the companies mentioned. You can add your own comments on the blog posts, but note that ShareSoc reserves the right to remove or edit comments where they are inappropriate or defamatory.

High Pay Centre Launch Fat Cat Competition

The High Pay Centre have launched a competition to emphasise the huge amounts now paid to the Chief Executives of large public companies. It’s called the Fantasy Fatcat competition and you can enter it here: http://highpaycentre.org/fantasy-fatcat .

All you need to do is predict which CEOs will have raked in the most money and which bank will have the biggest team of bankers sucking the most cash from the casino economy. You have £35 million to spend to pick 5 CEOs and one bank. The deadline for entries is Friday 27 February.

The High Pay Centre are doing a great job in highlighting the excessive pay levels among company directors and how they have grown sharply in recent years. Have a look at the numbers disclosed in this competition and you will see what they mean.

Roger Lawson

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