Quote of the Day

This is Joseph.

Nice quote on CEO pay from Stumbling and Mumbling:

Of course, £5.5m is tiny in the context of companies worth £30bn+. But then, so is employee pilfering. Does that thereby become acceptable?

It points out that the magnitude of a problem (in terms of economic impact) does not influence the morality.  It also kind of suggests that if we ignore small problems (pilfering, escalating pay) then they might become larger problems.