"Europeans are horrified by banks – some reliant on taxpayers' money – once again paying exorbitant bonuses".
On proxies, I vote against the payment of exorbitant bonuses and other compensation to executives.
Rather than incur such expenses, companies increasingly prefer to pay their executives exorbitant bonuses, or issue special dividends to shareholders, or engage in purely financial speculation.
Yet Wall Street, we hear, is back and standing tall, even dishing out the sort of exorbitant bonuses that fell into disrepute after the crash of 2008.
During last week's furore over the insurance giant AIG using taxpayers' money to pay exorbitant bonuses to executives, he was repeatedly accused of seeming aloof.
Maybe so, but then Google, Facebook and Twitter have not plunged the world into the biggest recession since the Depression, demanded taxpayer bail-outs and then used the money to pay executives exorbitant bonuses.
The Declaration of the Occupation of New York, issued on Sept. 29, lists many grievances against corporations, including illegal foreclosures, exorbitant bonuses, workplace discrimination, job outsourcing, anti-union tactics and campaign contributions.
Mr. Lat argues that the exorbitant bonuses paid to former Supreme Court clerks are good for society because they grant these individuals the financial freedom to later pursue public-interest law.
He declined an offer to propose a limit on City bonuses, saying he was no more likely to do that than pronounce on Premiership footballers' wages, but he expressed faith that in the present climate "it was highly unlikely that people will award themselves exorbitant bonuses".
