House Backs Greater Say on pay by shareholders

Washington Post,August 1, 2009 on page A9:

Rep. Barney Frank(D-Mass.) who authored the legislation, said that with it "the question of systemic risk will be in the hands of the government."

Perhaps the role of the government is similar in China to regulate executives with the clout to curb compensation for more equitable distribution of income and wealth.

Francis Shieh on August 1, 2009