Posted January 14, 201213 yr The boss of Lloyds Banking Group Antonio Horta-Osorio has said he does not wish to be considered for a bonus for last year. Let's look at his performance since he took the job on in March 2011. At the beginning of November he announced he was taking sick leave for "fatigue". He returned to his desk this week. So, he actually worked in the job for eight months last year rather than the expected ten months. The Lloyds share price has fallen 60% from what was already a very low level since he took over. Thus we will have to wait even longer before the government can contemplate selling any of its 41% share in the bank. Perhaps he would like to explain exactly why any consideration of a bonus should have lasted more than half a second.
January 14, 201213 yr Becaue he was spending hours thinking of the best way to spin this to the media to make him out to be a hero?
January 14, 201213 yr Becaue he was spending hours thinking of the best way to spin this to the media to make him out to be a hero? That's about the size of it... I tell you what I'm getting heartily sick of. All this rubbish pouring out of the mainstream media and politicians that we should "lay off the big bankers", or that the "poor bankers are having a hard time"... FUKK OFF.... I somehow dont think that the "poor bankers" are having as hard a time as the unemployed, the poor, the people who were sold shit and incredibly dodgy mortgages and had their homes re-possessed or the sick and disabled who are now facing the real prospect of their benefits being cut so we can pay for the mistakes made by these f**king crooked banker scum.... <_< If you think I'm kidding, look at some of the shite that people like Ben Bernanke, Jamie Dimon and Jon Corzine are coming away with to try and defend themselves and their actions.. The best one had to be Dimon's particularly puffed-up pronouncement of "we're doing God's work".... HUH??? Which "god" are you worshipping, Jamie..?? Mammon, probably.... -_-
January 14, 201213 yr Actually, the one positive thing that could come out of this story is that it will put pressure on Steven Hester at RBS to forego his bonus as well, seeing as how RBS has also performed abysmally and now even more thousands of jobs are on the line... But I wont exactly hold my breath..... <_<
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