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Topic History of: RBS Bonuses and the wanker critics...
Max. showing the last 5 posts - (Last post first)
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dixie |
He accepted the job based on a "Contract of Employment" which, I assume, told him his salary and the structure upon which bonuses would be paid. (I gather that was drawn up in conjunction with Gordon Brown's government). So, now he's decided not to take it, due to unfair pressure, he should be renegotiating his contract, or leave. And I suspect there is a huge payment in the event of early termination - by either side! He would then be free to get a job in the proper Private Sector.
Just wait until you hear how big Bob Diamond's bonus is going to be! |
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JK2006 |
Nope; he should have insisted on his contractual rights (disgraceful that we are being ruled by media headlines) and given the bonus anonymously to a charity for Libyan injured. |
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Common Sense |
But didn't Hester decide not to take the bonus after all. Does that make him a thicko too? In the final analysis, he obviously agrees with all the critics (and thickos, and jealous bastards)! 1-0 Ken!  |
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Chris Retro |
Unless this bonus is now going to be re-distributed directly to people directly affected by RBS wrong-doing this is pointless, in the same way large-scale charity is pointless. I suspect this guy will get his bonus one way or another in a less headline-grabbing way.
I do love how it's rarely mentioned about how many finanical pies politicians have their fingers in as a direct result of their political influence. |
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DJones |
"Robert Peston says the Treasury feared that Hester and the board would have resigned if it had vetoed a bonus. Now, whether this threat was serious or not, and whether the resignations would have been anything worse than a short-term inconvenience, are separate questions. The point is that this shows that bonuses are a reward for power, not performance."
stumblingandmumbling.typepad.com/stumbli...n-hesters-bonus.html |
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