[Greens-Media] PM challenged on executives' pay

Hollo, Tim (Sen C. Milne) Tim.Hollo at aph.gov.au
Mon Nov 17 12:29:44 EST 2008


PM challenged on executives' pay

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:

"People around the world are fed up and angry with these outrageous
packages paid to financial company executives who've contributed so much
to what has gone wrong with the global economy."

For further information, contact Alison Hetherington 03 6224 3222

Tim Hollo 
Media and Communications Adviser 
Senator Christine Milne 
Australian Greens Deputy Leader
ph: (02) 6277 3588 
mob: 0437 587 562
Come join the conversation at GreensBlog <http://greensmps.org.au/blog>





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