The American people are still angry and the politicians know it, I am told by friends on the Hill that their mail runs very heavy indeed from constituents strongly protesting the continuing
excesses of executive compensation.
Leveraging his expertise in math, science, and law, Mr. Ritholtz writes about everything from specific trading ideas to
the excesses of executive compensation to the top five unknown rock albums.
Both David Cameron and Nick Clegg have made clear they want to curb
the excesses of executive pay since the new year.
«As I said, the presidential system that we operate, we sometimes have the responsibility to check
the excesses of the executive, so there will always be times we will disagree but by and large, we will always work for the interest of Nigerians and always keep on moving on.»
But when the judiciary is effective, it curtails
the excesses of the executive.
In short, there's no sign in this white paper of ministers contemplating the possibility that
an excess of executive power is the main weakness of our governing system.
«As I said, the presidential system that we operate, we sometimes have the responsibility to check
the excesses of the executive.