State Pitches Constraints On Utility Execs. Pay

[2Design]

About damn time they stop this bs on all executives while paying the peasants 7 - 15 dollars an hour
And this does not go far enough

http://www.courant.com/business/hcu-utilities-0203,0,7274460.story

The state's Office Consumer Counsel is proposing legislation that that would prohibit any public utility company from charging ratepayers for executive salaries and benefits more than twice the governor's salary .

Attorney General Richard Blumenthal filed testimony today in support of the bill, which caps the amount that any water, natural gas or electricity utility can charge customers for executive compensation at double the governor's $150,000 salary. Companies, not ratepayers, would have to pay for any compensation above $300,000.

[aquart]

1. Which state, dear?

[Venceremos]

2. Looks like Connecticut

the article linked is from the Hartford Courant.