Thursday, February 26, 2009

Green-eyed red

"I think Australia generally has a serious problem with excessive executive pay and pay-outs," Mr Tanner said today.

He refused to comment on Mr Trujillo's payout, but said there was justified widespread public anger at the remuneration of top-level executives.

"We have lived through an era here and in other countries, in (the) most extreme form in the United States, where the rewards paid to executives have ballooned and where there is widespread public anger at excessive remuneration of top-level executives," he said.

It isn't public anger Lindsay, it is jealousy.

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