A bit confused re Hester's bonus

[bridge too far]

Spot on, Governments of both colours would struggle to run a **** up in a brewary let alone a bank.Alister Darling set the terms of running the bank and they were very specific, it was not to be run with the interference of ministers and was not to be run like a nationlised industry. If we want our money back, we are going to need banks to get back to profitability ASAP. This witchhunt will put the best people off working in the banks that we own.

 

Now what about the obscence salary's that other publically owned companies pay. What about Clakson's salary, or David Dimble's. What about Chris Evan's or Graham Norton. Milliband's a bit quiet on those ones.

 

It's very easy to pick on this guy, who was headhunted by the last Government .

 

If I might be a tad pedantic...... Those 'stars' you mention would be self-employed (otherwise they would be constrained as to which organisations they could work for). They might be contracted for a specific piece of work in the same way as a developer would contract with a tradesman, but they are not directly employed by publicly owned companies.

[Jonnyboy]

The poor poor man only earned £36million from 2008-2011, how will he get by???

[trousers]

Ian Collins (@iancollinsuk)

1/30/12 7:36 PM

We got our pound of flesh by stopping the Hester bonus. Saving a cool million. As a result 580 mil was wiped of RBS value today. Great logic

[SaintBobby]

I basically agree with this article

 

http://www.dailymail.co.uk/debate/article-2093995/How-vilification-Stephen-Hester-cost-billions.html

[trousers]

I basically agree with this article

 

http://www.dailymail.co.uk/debate/article-2093995/How-vilification-Stephen-Hester-cost-billions.html

 

Yeah, but the Internet warrior generation feel good about their revenge on the terrible bankers so, sod the recovery, let's concentrate on retribution. Power to the (blinkered) people! And, besides, we can always blame CaMoron (*chortle*) when it all goes tits up again.

 

You gotta love the logic of the human race sometimes

[buctootim]

I basically agree with this article

 

http://www.dailymail.co.uk/debate/article-2093995/How-vilification-Stephen-Hester-cost-billions.html

 

Shocking wig he's wearing in that picture.

[moonraker]

Having read through the thread I offer a couple of observations. The OP compared Hester to a Public Sector worker or Civil Servant, as part of the Gov cuts civil servants have had their bonuses scrapped together with a wage freeze, this is not related to their performance purely a Gov imposed change to their terms of employment. I know of a recent Gov programme where the Civil Servant responsible delivered the programme ahead of schedule and £2m under budget, he got no additional bonus or pay rise for saving the exchequer what was effectively 30 times his own salary. Also the notion that bankers will emigrate, the biggest bluff of all time, we should call it.

 

PS I am not a public sector worker.

[Whitey Grandad]

Ian Collins (@iancollinsuk)

1/30/12 7:36 PM

We got our pound of flesh by stopping the Hester bonus. Saving a cool million. As a result 580 mil was wiped of RBS value today. Great logic

 

The shares have halved in value over the last year and that was when he was expecting a bonus.

[Jonnyboy]

Yeah, but the Internet warrior generation feel good about their revenge on the terrible bankers so, sod the recovery, let's concentrate on retribution. Power to the (blinkered) people! And, besides, we can always blame CaMoron (*chortle*) when it all goes tits up again.

 

You gotta love the logic of the human race sometimes

 

No you're right, why not pay him a £50million bonus? Surely then the RBS share value will leap. Great logic.

[trousers]

No you're right, why not pay him a £50million bonus? Surely then the RBS share value will leap. Great logic.

[trousers]

http://www.bbc.co.uk/news/uk-politics-16821650