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Thread: Mapping the Golden Circle

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    Default Mapping the Golden Circle

    this is pretty interesting report from Tasc

    Mapping the Golden Circle



    http://www.tascnet.ie/upload/file/MtGC%20ISSU.pdf
    In the period 2005-2007, a network of 39 people held positions in 33 of the 40 top private companies and state-owned bodies. Between them, these 39 – referred to as the Director Network in TASC’s report – held a total of 93 directorships.
    Mapping the Golden Circle also provides evidence that there was a trend of “excessive remuneration” for the CEOs of both state-owned and private companies. On average, their pay rose by over 40% between 2005 and 2007, while combined inflation for these two years ran at just over 9%.
    TASC director and co-author of the report Paula Clancy said today:
    part of trend of network viz, i expected to see more state boards in this
    Last edited by lostexpectation; 13th May 2010 at 09:15 PM.
    If I ask a question don't just 'like' the post, reply to it. - If I post a lot about a subject I may write a post about it at http://dublinstreams.blogspot.ie/

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    Indeed an indictment of the crony capitalism in Ireland!
    Quimby can't be trusted-Vote Sideshow Bob for Mayor http://www.youtube.com/watch?v=HXBDEPr9P9k

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    Very, very interesting material. I have only glanced at the data but already I can see why they came up with NAMA.
    "In our age there is no such thing as 'keeping out of politics.' All issues are political issues, and politics itself is a mass of lies, evasions, folly, hatred and schizophrenia."
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    Politics.ie Member Half Nelson's Avatar
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    Any government which is serious about preventing a repeat of our woes should highlight multiple sections of this report and legislate to outlaw such practises.
    The sections on short-termism and related remuneration are particularly relevant.

    I won't hold my breath.

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    Politics.ie Member Raketemensch's Avatar
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    This is a great piece of research. It's time to name names and point fingers. If we don't, then this bloody mess will happen every 20 years.

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    Politics.ie Member Raketemensch's Avatar
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    Remuneration for CEOs of the boards of Ireland’s top private companies and State-owned
    bodies increased by 46 and 42 per cent respectively between 2005 and 2007
    Our overlords knew the crash was coming and made sure to bleed the place dry before it hit. Filthy scum.

    I've always regarded the SWP as nutjobs or morons or both. They are starting to look like perceptive commentators.

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    Looks like it not just a Banking Inquiry we need.

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    IN&M named - is there a possibility of biased reporting on the issue?

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    Politics.ie Member Half Nelson's Avatar
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    Come the revolution the diagrams are going to save a lot of time and legwork.:mrgreen:

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    Politics.ie Member Half Nelson's Avatar
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    Quote Originally Posted by Raketemensch View Post
    Our overlords knew the crash was coming and made sure to bleed the place dry before it hit. Filthy scum.

    I've always regarded the SWP as nutjobs or morons or both. They are starting to look like perceptive commentators.
    In fairness, they were warning us about the golden circle for many years before it hit the fan.

    Joe for President!

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