(Economist.com) — IN THESE times, the overpaid fat-cat in the corner office makes a barn door of a target. Particularly in the financial services sector, where even at those companies bailed out by the taxpayer, senior executives have been quick to return to obscene bonuses, often coupled with poor performance. To add insult, such behaviour is justified by the alleged need to “let the markets decide” or to ensure that talent is “justly rewarded”.
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