So the Swiss, those stolid, conservative burghers, have decided "enough" on obscenely high pay for corporate executives:
68% of voters approved a change to their constitution:
The new measures will give Switzerland some of the world's strictest corporate rules. Shareholders will have a veto over salaries, golden handshakes will be forbidden, and managers of companies who flout the rules could face prison.Sixty-eight percent! Reportedly, interest in this "fat cat initiative" has been fueled by disasters at major Swiss companies in which the executives were allowed to keep their high salaries and bonuses. Hmm, that sounds vaguely familiar.
Maybe we should include a provision like this in our upcoming constitutional amendment outlawing corporate personhood.