The 500 companies listed on Norway's stock exchange face being shut down unless they install women on their boards over the next two years in a radical initiative imposed by a government determined to help women break through the "glass ceiling".
After a week in which the Equal Opportunities Commission in Britain has warned that it would take 40 years for women to break into the ranks of the FTSE 100 in the same way as men, Norwegian companies face a two-year deadline to ensure that women hold 40% of the seats of each company listed on the Oslo bourse. New companies have to comply now with the rules and the government is considering extending the law to family-owned companies as well.
The failure of companies to act - about half of the companies on the stock market are estimated to have no women on their boards - has prompted the Norwegian equality minister, Karita Bekkemellem, to take the draconian step of threatening firms with closure.
"From January 1 2006, I want to put in place a system of sanctions that will allow the closure of firms," she said. "I do not want to wait another 20 or 30 years for men with enough intelligence to finally appoint women.
"More than half of the people who have a business education today are women. It is wrong for companies not to use them. They should be represented."
So, if you don't follow the governments arbitrary rules of sex compliance, you'll be shut down. I'm expecting the Norwegian stock market, if they have such a thing, to fall soon.
Its nice to see the European Utopia is showing its true colors. Follow our edicts or else, compliance is madatory. No freedom for you. Far be it from me to point out the obvious, but maybe some women don't want any part of this. Will they order 40% men as waiters, or 40% prostitutes be men. Its a shame to see the proud history of Europe to be thrown away over flavor of the month, but its like 1933 Germany all over again. Logic be damned, you do what we say or else.
I'm glad to offer my services to any Norwegian company that wishes to relocate to the US. Where intent has to be proven, not subject to the whims of some broad with balls.