Well this is interesting. Yesterday the Vancouver Sun reported that the former BC Hydro CEO tops public-salary rankings. They claim Bob Elton made $750,000 last year, while 20 other public servants made $400,000 or more.
Although that is a fair chunk of cash, it is nothing compared to what the Moya Greene Mandate aspires to. Moya Greene admitted that private sector ceo salaries are much larger than public sector ceo salaries. That is why she sells herself out to privatize public companies.
Compare the former BC Hydro's salary with Frank Stronach founder of Magna International.
Leaving the BC Rail scandal to the side, look at the ceo raise when CN went from publicly accountable to privately consumed. In 2004 CN CEO made twice what the CEO of Nike did in 2008.
England recently put a cap on public sector ceo salaries. This is a good thing. No wonder they have bought Moya Greene to privatize their mail to get around the ceo salary caps. My beef isn't profit. My beef is exploitation. Stripping decent wages from families and giving obscene raises to ceos is criminal.
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