OSHA was created to help guard against garden variety risks such as injury from falls. It has struggled to deal wit… https://t.co/GtIRj5k3HV— 3 days 15 hours ago via@theofrancis
RT @WSJPodcasts: Listen 🎧: Investors and the public are pushing companies to make good on promises to prioritize diversity in hiring… https://t.co/ZKaIMEUO8W— 6 days 15 hours ago via@theofrancis
How diverse are big U.S. companies? More are saying, thanks to market pressure: 26% of GE's leaders are women; 38%… https://t.co/Mp4j0nHbal— 6 days 20 hours ago via@theofrancis
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By Friday evening, the heads of the world's 20 biggest economies -- from the US to South Africa, encompassing 85 percent of global economic activity -- will have dined, met, lunched, met again, and made their pronouncements.
If history is any judge, there may not be much in the way of immediate or lasting results.
The leaders of 20 of the world's biggest economies committed to a laundry list of executive pay reforms for financial firms, including limiting bonuses to a portion of total net revenues and linking them tightly to share prices. But don't count on sweeping mandates from regulators just yet.
World leaders are talking bravely about fixing the global financial system. As the Group of Twenty heads toward an important summit in Pittsburgh on Sept. 24-25, they are vowing to bang out a regulatory structure that will keep rich, careless bankers from once again driving their firms to ruin and then getting bailed out by taxpayers.