Thomas Molloy: We need clarity on pay, not cloudy salary caps
Published 19/12/2011 | 05:00
THERE is a good argument to be made for paying certain people handsomely, based on the L'Oreal defence that they are worth it.
We have seen that the wrong man at the head of a bank can cause damage that will cost citizens billions.
The Government is rightly eager to ensure that top talent is placed into the higher echelons of our financial system.