Pension funds and church rebelover excessive corporate salaries

A shareholder revolt at struggling Barrick Gold, the world's largest gold producer, will hopefully lead to protests that will encourage the Canadian government and business to introduce limits on out-of-control executive pay.

The public just learned that Barrick paid an enormous signing bonus of $11.9-million to high-flying international executive John Thornton, its new co-chair, last year. His total compensation for 2012 was a whopping $17-million.