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Poll: Are Execs Simply Paid Too Much?
Topics:CEOs and CFOs | Bonus (Time) | Executive Compensation | European Union
Top managers' perks will figure high on the agenda of tonight's meeting of euro zone ministers, the Eurogroup, in Brussels, with many European officials calling for curbs on bonuses and pay, papers reported on Tuesday.
The group believe the Anglo-Saxon market model is a danger to global financial stability and are concerned that companies are chasing immediate profits at the cost of massive layoffs, a document leaked to Spanish newspaper El Pais shows.
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