Chief_Executive

And obviously, with hindsight now, now knowing what went on in the company, it would have been absolutely appropriate back then for us to have the chief executive of the company, most senior person in the United Kingdom, come and answer for the policy they were pursuing. And we ducked that, and frankly that's a failure of Parliament.

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The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself.