[Growltigger]

Ahh, if this discussion is more focussed on fat cat's pay, then I believe we are on firmer ground.

The sad thing is that the only people who can really do anything to curb extoritionate director's pay are the shareholders of the corporation, or a direct regulatory body such as the Stock Exchange.

Governments have tried to legislate (as the Blair government is trying to do at the moment, primarily in relation to privatised utility companies) but currently, nothing is progressing.

The allies here though are the large investment funds into which most of our pension monies are invested. These generally hold large slugs of public companies' equities and therefore, directors really have to listen to fund managers if they have an objection. This approach appears to be polarising and I think we will see a lot more direct shareholder action to stop excessive pay awards..

The UK is bad enough, but when you see what the CEO's of US companies pay themselves!!!!!