posted on Feb, 20 2011 @ 03:21 AM
Mr Bob Diamond (yes the American running Barclays bank whom has pocketed approx £15 - 20 million per year on a regular basis when Barclays Global was
ruling the roost) said as the MP's asked questions about tax.......That he felt paying tax was a duty and an obligation to the wider society !!??
Trouble is that he, along with lots of other CEO's, CFO's and other assorted Fat cats are from a group whom have lost touch with reality....... They
come from a mentality which says MORE MORE MORE, kill the competition, Money Money Money !!!
When he was (Mr Bob Diamond) was interviewed by the select commitee, he was quite evasive and rambling and determined to try and deflect issues by
going in different directions......... He knows what he is doing, he is not niaeve BUT he does not understand that it is wrong............ Until the
WHOLE THING COLLAPSES - nothing will change.............. I would like to know Barclays losses for the previous year ??!! Was it because they BOUGHT
up the rotton corpse of Lehmann Brothers and classed that as an initial loss.......????
If so then this is a lot worse because in effect Barclays is trying to be uber clever by using the 2008 ' crash' as a means of business advancement
for the few and not as a moral lesson for the industry..
The final fact to consider is that they are paying out £113 milion in tax but several £ BILLION in salaries and Bonuses ..!! There is a
Dis-connect here.......... it is wrong..... surely !!?
I am a big Barclays customer and I am not happy about this !
I am reviewing my options....