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Need For Legislation To Bring Light to Corporate Compensation

By Mass. Dem. Rep. Barney Frank - 05/03/06 09:34 AM ET
When you start talking about compensation making up 12% of corporate profits, you're talking about real money, amounts of money so large that they are drains on the economy, so of course there would be less money to deal with pensions, healthcare, or other factors.

What we are doing, we are not telling the stockholder what they can and cannot do, but we think they should be able to vote on it, on such compensation.   

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http://thehill.com/blogs/congress-blog/politics/30633-need-for-legislation-to-bring-light-to-corporate-compensation

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