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Bob Diamond To Get £9,000,000.00 Bonus

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http://uk.finance.yahoo.com/news/Barclays-CEO-get-9-million-reuters_molt-1427335156.html?x=0

19:19, Friday 4 February 2011
LONDON (Reuters) - Barclays Plc could pay its chief executive a bonus worth more than
9 million pounds for 2010
, Sky News reported on Friday, a move that could fuel a bitter row with the public and politicians over high pay for bankers.

:angry:

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He's worked hard fleecing the global taxpayer so deserves his reward. If it wasn't for the taxpayer backing up the entire financial system his bonus would be nothing as Barclays would be bust along with all the other big banks.

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to be fair, of all the bankers around, he deserves his pay.

he created barclays capital from scratch for barclays which now generates a £1billion profits a year.

he didnt just take over or get promoted, he actually created that division of the company from nothing.

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Deserves every penny for the wealth he has created. If a bank turns a profit its entirely appropriate that those rewards are shared commensurate with personal contribution.

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to be fair, of all the bankers around, he deserves his pay.

he created barclays capital from scratch for barclays which now generates a £1billion profits a year.

he didnt just take over or get promoted, he actually created that division of the company from nothing.

Thing is (and forget the actual figure) who decided that he was worth 1,000 cleaners?

Sure, he may work hard, but does he work 1,000 x harder than those guys?

My mum was one of these cleaners and she did the same old drudgery all her life just to give me decent shoes to go to school in. What makes someone worth 1,000 x someone else?

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5.5million in taxes. Pays for the MP's expenses. Could not have that gravy train upset now could we.

Steals 9 million from us via state sanctioned theft then pays 5.5K million back, and that's supposed to be a good deal?

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http://uk.finance.yahoo.com/news/Barclays-CEO-get-9-million-reuters_molt-1427335156.html?x=0

19:19, Friday 4 February 2011
LONDON (Reuters) - Barclays Plc could pay its chief executive a bonus worth more than
9 million pounds for 2010
, Sky News reported on Friday, a move that could fuel a bitter row with the public and politicians over high pay for bankers.

:angry:

Time to put through the local Barclays window in the middle of the night.

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to be fair, of all the bankers around, he deserves his pay.

he created barclays capital from scratch for barclays which now generates a £1billion profits a year.

he didnt just take over or get promoted, he actually created that division of the company from nothing.

When you say he created it from nothing, you mean he washed car windscreens in Staines to raise the capital to get it started?

I thought not, you useless moron.

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to be fair, of all the bankers around, he deserves his pay.

he created barclays capital from scratch for barclays which now generates a £1billion profits a year.

he didnt just take over or get promoted, he actually created that division of the company from nothing.

Please explain the logic behind a bank CEO deserving high rewards if that bank -

1)Only exists because of UK/US taxpayer handouts (tarp, etc)

2)Only made a profit due to more taxpayer largess (QE, low interest rates, etc, etc)

3)Would fail in <1 week if IR's were raised to long term averages

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Barclays had a duty to regulate the market as a whole since they effectively needed bailing too even though they keep insisting they didn't take any funds. They failed. They would have been run on too.

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Deserves every penny for the wealth he has created. If a bank turns a profit its entirely appropriate that those rewards are shared commensurate with personal contribution.

What wealth? Stealing money tokens from others doesnt create wealth. Perhaps you could ask a starving/rioting algerian to explain how commodities (food) speculation is a wealth creating activity. Once they've explained to you how it does, perhaps you can then explain it to me.

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to be fair, of all the bankers around, he deserves his pay.

he created barclays capital from scratch for barclays which now generates a £1billion profits a year.

he didnt just take over or get promoted, he actually created that division of the company from nothing.

OK, that's alright then - sounds like he's played a blinder

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Deserves every penny for the wealth he has created. If a bank turns a profit its entirely appropriate that those rewards are shared commensurate with personal contribution.

would you still say this, if you knew that said bank was shorting the company that you or your spouse was working for, making it go into administration and causing you or your spouse to lose your/their job?

didnt think so

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Love him or hate him he is entitled to minimise his tax exposure and we couldn't criticise this aspect of his affairs.

why not? what makes tax avoidance for executives any different from MPs claiming large amount of expenses, but at the time were perfectly within the rules?

seems to me that everyone is motivated by greed, no such thing as ethics in todays world.

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to be fair, of all the bankers around, he deserves his pay.

he created barclays capital from scratch for barclays which now generates a £1billion profits a year.

he didnt just take over or get promoted, he actually created that division of the company from nothing.

He's a big part of the problem we face. There are a lot of investment banks along with shadow banking orgs that have been created from nothing in the past 20 years. It was never easier to create money from nothing, to pump the global economy full of credit. Barclays itself is sitting on hundreds of millions of pounds of toxic loans.

If anything, he deserves to investigated. Some would wish for a lot worse

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Quite right, I stand corrected, so we cannot criticise this guy if he has an aggressive tax avoidance plan with his income and assets.

He is perfectly entitled to minimise his tax exposure in my books.

I, for one, will shed no tears when the Applegarths, Goodwins and Diamonds of this world and their various Political hangers-on are subject to kidnapping & assassination.

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to be fair, of all the bankers around, he deserves his pay.

he created barclays capital from scratch for barclays which now generates a £1billion profits a year.

he didnt just take over or get promoted, he actually created that division of the company from nothing.

tsk.. tsk.. it's all the bankers fault innit.. why should they get paid anything.. I don't care if they do generate billions in tax revenues.

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  • 311 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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