Barclays faces backlash over Bob Diamond's pay package

[AtW]

On one hand his pay is outrageous (relative to some) and on the other he could get alot more elsewhere.

His job is to maximise returns to shareholders who are the owners of the bank, somebody commented on the article:

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2011 Bonus pool for employees GBP 1.5 billion.
2011 Amount paid in share dividends 660 million.
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If true (and it looks about right last time I checked) Mr Diamond clearly fails to control costs of the business - for that alone he should be fired, nevermind paying himself high salary.

I am very tempted to buy 1 share of Barclays and actually say all this on their next AGM