Wednesday 22 February 2017

Siobhan Creaton: Who's really in charge of our semi-states?

Published 22/04/2011 | 05:00

IT IS pathetic to hear a government minister hopelessly say he can only put "moral" pressure on the men who run huge companies on behalf of the taxpayer to give up their big bonuses and salaries.

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Can you imagine any other business where the main shareholder is powerless to force overpaid bosses to toe the line, particularly at a time of unprecedented economic disaster?

But this is the stick Public Expenditure and Reform Minister Brendan Howlin is going to beat the semi-state bosses with -- "moral" pressure.

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