No question.. there is no 'morality' when it comes to top executive remuneration.
It's glom whatever you can get your hands on... whatever way you can do it....
... from 2000 to 2008, the people running the top 14 US financial institutions received cash compensation (salary, bonus, and the value of stock sold) of around $2.6 BILLION!!
Not every one, but most of these characters are very bright guys. And they just might be reacting to the realization that the ship is sinking, and they are going to grab as much as possible for themselves before it goes under.
And it goes without saying that they know in today's world there is not much that is going to stop them... they might get slowed down a bit, but the system is on their side for whatever they want to get away with.
As suggested by the labor uprising in Wisconsin—now spreading to other states—working people have not only lost faith in corporations' ability to show any concern for fairness.... workers are increasingly moving from outrage to action.
A Morally Untenable Corporate System | Truthout