Sir, – I almost had an apoplectic fit on reading the headline “Hourly rate of €423 seems excessive” (Home News, January 18th). The amount in question (to be paid to a special manager appointed by the Central Bank to run Newbridge Credit Union in Co Kildare) is almost double my weekly pension of €227. To put it in an even greater context (and basing it on a presumed working week of 40 hours) the gentleman’s weekly income of almost €17,000 is approximately 134 times that of the average old-age pensioner. Enough said. – Yours, etc,