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At BP's AGM in 2009, 38% of voting shareholders disapproved of its lavish remuneration packages for top executives.
He says no one complained about these lavish remuneration packages in the good times, because "the first rule of stock markets is: people who succeed are allowed to get away with murder".
Mark Carney, the country's central-bank governor, who is soon to jump ship to join the Bank of England, where he takes over from Sir Mervyn King in July, may have shown good market timing with his move to London as well as a deft hand in negotiating his lavish remuneration.
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The remuneration included "cash payments disguised as grants or consulting fees, expensive meals and lavish entertainment, and other valuable goods and services," the government said in its civil complaint.
Lavish dinners.
We want remuneration.
It was lavish!
Despite more lavish spending.
It's not lavish.
Remuneration is tricky terrain.
MPs need "adequate remuneration".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com