Financial Standard Comments - Greens slam CBA executives pay rise Top Commonwealth Bank (CBA) executives should have frozen their salaries or even taken a pay cut while the compensation process for thousands of victims of poor financial advice remains ongoing, Greens Senator Peter Wish-Wilson said. https://www.financialstandard.com.au/feed/latest?story=42913333 Tue, 19 Aug 2014 18:23:27 +1000 Tue, 19 Aug 2014 18:23:27 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by Brian Howard (Gainsborough Financial Group)

Words fail me. Not just with the scandal itself - that is disgraceful enough. It is adding insult to injury that these indescribable people at the top of the bank can 'be gifted' up to $8 million a year for overseeing what happened here. I say 'gifted' deliberately. Can anyone at all justify pay of $8 million a year? Just boggles the mind.

Any wonder why we are not taken as proper 'professionals' yet? They should compensate these investors and then pay a heft personal fine.

Reply to article

For original story, Click Here.

]]> Brian Howard (Gainsborough Financial Group) Tue, 19 Aug 2014 18:23:27 +1000