British Insurers Question High Pay for Low Results.

   The Association of British Insurers (access home page here) are in the news for something extraordinary, at least extraordinary in my experience in the United States.

   The British Insurers question whether a bank CEO has earned high pay when his bank lost 16 percent of its profits last year, as reported by Mark Scott on Dealbook Blog on New York Times Online, posted April 11, 2012.

   Hear, hear.

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