Monday, February 9, 2009
John Prescott sets up petition for RBS to give up bonuses
Following on from his Facebook page http://en-gb.facebook.com/group.php?gid=41481071905 Prescott has started a petition: "It's reported that the Royal Bank of Scotland (RBS), which received £20 billion of taxpayers' money, plans to give £1b of it out in bonuses to bankers and traders. We believe this is morally and economically outrageous and should be stopped. The taxpayer owns 68% of RBS so we are now ALL shareholders. So as shareholders, we therefore call on the board of RBS to announce that their bankers and traders will receive NO bonus this year. "