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.
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.