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Re: Diamond in line for £9M bonus!
I watched the item on Sky News and to pay huge cash bonuses at a time when public services are being cut due to the banking bailout smacks in the face of rationality.
Just a word of warning, what they are more than likely to do in future and I think HSBC are reported to be doing is whilst they pay bonuses is that they will give massive pay rises(and can you guess when they would be backdated to? That's right, January which means you do get a cash bonus and that is based on back pay."Family means that no one gets forgotten or left behind"
(quote from David Ogden Stiers)Comment
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Re: Diamond in line for £9M bonus!
Barclays did not require bailing out and they received no public money at all.
Public services are being cut because there is simply not enough money to pay for them. This is because Gordon Brown, while Chancellor and Prime Minister, chose to pursue his reckless economic policies. He was not alone of course, since every Labour Government we have ever had has done just the same thing.
Finally, Bob Diamond has waived his bonus for the last two years, so why can he not have this one?
Wayne Rooney earns more than Bob Diamond, in fact his weekly salary is equivalent to Bob Diamond's annual salary and even with his bonus, Bob Diamond takes home four million pounds less than Rooney.
I don't see you whinging about that.Comment
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Re: Diamond in line for £9M bonus!
If a company is solvent and owes nothing to anyone then I have no problem with the company paying bonuses. Its when a company/business/bank or whatever is not solvent and has been bailed out by us the taxpayer then there should be no bonuses until the debt is repaid and the said business is solvent again.Comment
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Re: Diamond in line for £9M bonus!
Saffy, Barclays did not receive any public money as Cetelco has pointed out."Family means that no one gets forgotten or left behind"
(quote from David Ogden Stiers)Comment
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Re: Diamond in line for £9M bonus!
Nattie, I never said they did, I was talking in general, NOT specifically about sodding Barclays.Comment
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Re: Diamond in line for £9M bonus!
The problem is the economy and credit credit rating of the country, which was ruined by both Blair and Brown...
However, if for example, RBS had been like any other corporatation apart from Banking. They would have gone into administration;
the administrators would have broken the RBS Group up and that woul have been the end of RBS;
their doors would have been closed.
Of course the above did not happen;
The RBS Group (for example) was bailed out by the TaxPayer.
It is no wonder, that the British Public are angry... the British Public are having to tighten their financial belts, but the Bank's are: Alright Jack!
In a nutshell, the bankers (who were in the Gov's (Blair/Brown) pocket) now have the Gov/ Country by the short and curlies...Comment
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