SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (81793)8/31/2010 10:59:23 AM
From: manalagi  Respond to of 149317
 
Saudi couple "hammer 24 nails" into Sri Lankan maid

An x-ray shows nails in a hand of L.T. Ariyawathi, 49, who returned to Sri Lanka after 5 months as a maid in Saudi Arabia, in a hospital in Matara, 160 km (100 miles) south of Colombo, August 26, 2010. A Saudi couple tortured Ariyawathi after she complained of a too heavy workload by hammering 24 nails into her hands, legs and forehead, officials said on Thursday. Nearly 2 million Sri Lankans sought employment overseas last year and around 1.4 million, mostly maids, were employed in the Middle East. Many have complained of physical abuse or harassment. REUTERS/Stringer

COLOMBO (Reuters) - A Saudi couple tortured their Sri Lankan maid after she complained of a too heavy workload by hammering 24 nails into her hands, legs and forehead, officials said on Thursday.

Nearly 2 million Sri Lankans sought employment overseas last year and around 1.4 million, mostly maids, were employed in the Middle East. Many have complained of physical abuse or harassment.

L.T. Ariyawathi, a 49-year old mother of three, returned on Friday after five months in Saudi Arabia.

Her family only realized what had happened to her when she complained of pain and they took her to see the doctor, Foreign Employment Bureau officials said.

"The landlord and the wife of the landlord hammered 24 nails into her when she complained of the heavy workload," Kalyana Priya Ramanayake, media secretary of the Foreign Employment Bureau, told Reuters.

Ariyawathi has been taken to hospital for surgery to remove the nails, which according to the maid were hammered in when they were hot.

X-rays showed one- to two-inch nails in her hands and legs, with one over her eyes, officials said.

The Foreign Employment Bureau is consulting the Attorney-General while the Sri Lankan External Affairs Ministry is to take the matter up with the Saudi government, officials said.

(Reporting by Ranga Sirilal; Writing by Shihar Aneez; Editing by Nick Macfie)

reuters.com



To: stockman_scott who wrote (81793)8/31/2010 3:24:48 PM
From: ChinuSFO  Respond to of 149317
 
While the "opposition party" wants more to be done for Corporate America and the "professional left" say that he has not done enough and is in bed with Wall Street, here is something that should open the eyes of the political extremists. But then, this is "no drama Obama" kind of a guy.
============================================
US pay law branded ‘logistical nightmare’
By Jean Eaglesham and Francesco Guerrera in New York

Published: August 30 2010 22:01 | Last updated: August 30 2010 22:01

US companies face a “logistical nightmare” from a new rule forcing them to disclose the ratio between their chief executive’s pay package and that of the typical employee, lawyers have warned.

The mandatory disclosure will provide ammunition for activists seeking to target perceived examples of excessive pay and perks. The law taps into public anger at the increasing disparity between the faltering incomes of middle America and the largely recession-proof multimillion-dollar remuneration of the typical corporate chief.

S&P 500 chief executives last year received median pay packages of $7.5m, according to executive compensation research firm Equilar. By comparison, official statistics show the average private sector employee was paid just over $40,000.

Business sees the disclosure provision – buried in section 953(b) of the Dodd-Frank financial reform act – as a bureaucratic headache that may encourage false comparisons.

“We’re not debating the concept of disclosure – we think it’s a good thing,” said Larry Burton, executive director of the Business Roundtable, which represents chief executives of the biggest US companies. “But you can do more harm than good if you take a well-intended piece of policy and implement it badly. That’s the risk here.”

The rules’ complexity means multinationals face a “logistical nightmare” in calculating the ratio, which has to be based on the median annual total compensation for all employees, warned Richard Susko, partner at law firm Cleary Gottlieb. “It’s just not do-able for a large company with tens of thousands of employees worldwide.”

Pay experts said business had been caught off-guard by the measure, which was not one of the high-profile battlegrounds of the Dodd-Frank legislation. Companies are now gearing up to lobby the Securities and Exchange Commission, which has to write detailed provisions for the new rule.

The rule could also reward with a relatively low ratio those companies that outsourced low-paid work rather than keeping jobs in-house, lawyers said.

Robert Menendez, the senator who sponsored the provision, dismissed business fears. “The idea behind the new rule is that sunlight is the best disinfectant,” said an aide. “Disclosure will help encourage fair pay for workers at a time when middle class pay has stagnated while CEO pay has skyrocketed.”

ft.com