Originally posted by VectraMan
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Barclays condemned over £2.4bn bonuses | Business | The Guardian
Ok, in your own words, VectraMan, what is the business of IoD to have same view as mine on the matter???
2.4 bln bonuses to staff that is already pretty well paid, 0.86 bln dividends to shareholders, just WTF is going on there? The other way around would have been ok (maybe).
The bank is apparently refusing to say how much it paid to shareholders (owners of the company!) and that comes from a PLC!!!
Name me ANY other industry where such crazy stuff can happen?
Only EPL comes to mind, but that's not an industry anymore - playground for some people with a lot of unearned income (plus very rare businessman type - ie Glazers).
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