snouts in the trough

'Babcock & Brown Infrastructure has added fuel to what may be a fiery annual meetings by proposing a 50per cent lift in non-executive directors' remuneration.

The company, which is urging security holders to back a $1.5 billion recapitalisation that will dilute their stake to less than 0.1 per cent, has proposed lifting the remuneration pool of directors from $1million to $1.5 million a year....'

Its all about timing, well done BBI ... here piggy piggy piggy!!!


http://www.theage.com.au/business/bbi-lobs-fuel-on-the-fire-20091016-gzeb.html