Thursday, 1 November 2007

Charles Sherwood: pay packets should stay secret

I'm never going to drink again. Anyway, Permira partner Charles Sherwood reckons private equity chiefs should be able to keep their massive pay packets a secret.

Fair enough. But what else will remain a secret? I need an aspirin. Is Mr Sherwood ever going to mention all the financial shamans and money mystics who are working in private equity? I feel sick. I don't ever want to drink whisky again.

Mr Sherwood says buyout firms need to be less secretive on some matters though, to gain the public's trust. Brilliant. Let's hear about the shamans. I want some coffee.