CEOs' bonuses
I'm expect she'll be too modest to mention it, but there was an excellent letter from one Elizabeth Balsom in the weekend FT:September 13, 2019 9:49 pm"As well as taking a swipe at gargantuan bonuses, perhaps John McDonnell (FT Weekend, September 7) could outlaw those egregious contracts which ensure that even when a chief executive/chairman presides over such a disaster that they are shown the door, they still manage to walk away with vast riches.Fred Goodwin not only destroyed Royal Bank of Scotland but brought the country to its knees as the Treasury and Bank of England fought to ensure the survival of the banking system. Yet Mr Goodwin’s contract ensured that he enjoys a pension of hundreds of thousands of pounds a year. Righting such wrongs cannot be beyond the wit of a Labour chancellor."Well done!
Richard Carter ● 2613d2 Comments