The average chief executive of a major company is now paid $6 million a year.

At least three other executives are paid more than £80,000.

Why, they would ask, are top executives paid so much?

The Government's other top executives will be paid $101,300 to $138,900.

Some executives were paid millions even if they did little or no work.

"Our senior executives could all walk across the street and get paid a lot more," he said.

"The bigger the bank, the more an executive gets paid."

That means executives only get paid if shareholders are in the money, too.

People inside the firm have said that some executives were paid more than $10 million in bonuses.

The changes will mask the true value of what senior executives are paid, critics say.