Reply to: RBS Risks Row Over 'Unacceptable' Stephen Hester £1m Bonus

[AtW]

Yes we promised he could keep his salary in the past, but now we've changed our minds, why shouldn't we take it back?

I think only a custodial sentence will do.

[Freamon]

On what grounds?

Because he got us into this mess (which is more than can be said for Hester in the case of RBS). Yes we promised he could keep his salary in the past, but now we've changed our minds, why shouldn't we take it back?

[AtW]

It's high time we moved to claw back some of Gordon Brown's salary from the past 10 years.

On what grounds?

[Freamon]

It's high time we moved to claw back some of Gordon Brown's salary from the past 10 years.

[DodgyAgent]

Think positively - it's 5% more than you deserved.

touche

[AtW]

I just wish I could find some. 5% if we are lucky these days

Think positively - it's 5% more than you deserved.

[DodgyAgent]

It's a hard life for an agent to find a sucker who'd agree to accept 80-20 cut.

I just wish I could find some. 5% if we are lucky these days

[AtW]

I spend all day on the telephone and most of the time the person I want is never there

It's a hard life for an agent to find a sucker who'd agree to accept 80-20 cut.

[DodgyAgent]

Don't you have some contractors to fleece or hired somebody else to do your job?

I spend all day on the telephone and most of the time the person I want is never there so having the screen open on CUK stops me getting bored I delegate the rest.

[AtW]

Sorry Atw

Don't you have some contractors to fleece or hired somebody else to do your job?

[DodgyAgent]

I am not quite sure what your point is other than a rant based on the back of mindless proletariat posturings and an envy that someone should dare to be more successful than yow

Sorry Atw

[AtW]

I am not quite sure what your point is other than a rant based on the back of mindless proletariat posturings and an envy that someone should dare to be more successful than you

[Bunk]

This, from a man who owns a search engine.

Must spread some around etc.

[DodgyAgent]

No, but 5 years in a company that exists for 100+ years is fook all. How many of those execs actually grown through that ranks of company in the first place? They get parachuted on top with massive bonus and nothing to lose.

If only it were that simple to fit into your binary view of everything AtW.

There are no top execs in their 3rd decade with a company. John Clare of DSG is about the longest serving.
terry leahy is a long term Tesco guy, so good were Tesco at building management talent that when Leahy retired there was only room for one of them to take over. So now all the Tesco talent has dissipated around the market and plying their skills at companies such as homebase/home retail group, WH smith etc etc and all the better they are for it too.

On the other side we have the recently left CEO of premier foods ( Robert Schofield a lifer who would now struggle to get a job as a recruitment consultant ) taking what was once one of the UKs top FMCG companies to the brink of disaster to be replaced by Michael Clarke formerly of Kraft.

Then we have Richard Greenbury of Marks and Spencer who joined in 1972 and became CEO in 1988 where he was responsible for the success of M&S but who had to be replaced when markets changed (and he didnt) and M&S profits declined and he was replaced by another long term director. When he failed he was replaced by Stuart Rose and now Marc Bolland from outside.

I am not quite sure what your point is other than a rant based on the back of mindless proletariat posturings and an envy that someone should dare to be more successful than you

[Mich the Tester]

As I said I can't find link to back up my words

This, from a man who owns a search engine.