posted on Dec, 2 2009 @ 03:59 PM
The directors of Royal Bank of Scotland have been given legal advice that they would have to resign if the chancellor of the exchequer were to block
them from paying the bonuses they regard as essential to maintain the competitiveness of the group.
This is just wow, I have no real words to say to this. The UK public essentialy owns 70% of the RBS but they feel they have done so well they can take
£1.5billion in bonuses.
I suppose if you consider fleccing a country out of billions to save your sorry ass as great work and deserving of a bonus then why not.
Truley these people are so far removed from reality they have no idea, the simple solution would be to fire them all.
It also never ceases to amaze me how much work huge company directors feel they do. From my experiance all there work is carried out by lots of people
down the chian. Once the work is passed up the way each boss in the chian presents it as there own work, I have seen this happen many times in my own