Fat cat shareholders continue to bask in capitalismThe fury by shareholders over executives high salaries is hypocrisy at its finest, writes Mirko Bagaric. Let’s remember, shareholders are just in it for the money too.
Australian shareholders
BHP won’t get 51 per cent of Rio
BHP knows can’t get just 51 per cent of Rio – its main Australian shareholders aren’t interested in such a number. And the ambiguity about which company “its” refers to is intentional, writes Michael Pascoe.
