Originally Posted by accyman (Post 965864)

as much as i hate to say this it aint camerons fault.

what milliband and his mates neglected to say when speaking about how awfull this was is that it was his lot that gave him the contract that allowed this bonus and it has to be honored.

Also its not as bad as it sounds because he isnt getting the money theres stipulations attatched and it s been paid in shares which he will only get if a certain target is reached sometime around 2014 or something

i forget the details i heard them in teh car on the radio but he isnt getting a huge cash bonus in his next pay packet

not saying its right what he is getting but its no where near as bad as its been hyped up to be and like i said if any blame is to be dealt it should be at labour for making such a stupid thing possible by contract

Originally Posted by Mancie (Post 965869)

The claim made by Cameron that this bonus was in a binding contract has been shown to be lies... the contract states that Hester should be "considered" for a bonus by the board of RBS, then it had to be approved by ministers... the board of RBS submitted the bonus to the government and the government approved this bonus.

Originally Posted by Mancie (Post 965869)

The claim made by Cameron that this bonus was in a binding contract has been shown to be lies... the contract states that Hester should be "considered" for a bonus by the board of RBS, then it had to be approved by ministers... the board of RBS submitted the bonus to the government and the government approved this bonus.

Originally Posted by accyman (Post 965870)

fair enough but at the time i heard it the news wasnt saying that :)

Originally Posted by cashman (Post 965876)

Another update, The Chairman of R.B.S. Sir Richard Hampton,has turned down a bonus of 1.4 millions worth of shares,saying it would be inappropriate, Funny how Cameron n Osbourne think these are ok.:mad:

Originally Posted by Mancie (Post 965884)

Strange thing is the government approved the bonus, but when the kak hits they try to wriggle out of it and say the Hester should decline the bonus they awarded him :rolleyes:.. why should the bloke decline nigh on a million quid?

Originally Posted by Michael1954 (Post 965896)

I wouldn't say no to a million quid.

Originally Posted by Jim Procter (Post 965922)

There should never be any need for a bonus.His salary should reflect his ability, and that should be all he gets.Thats all I ever got in my life. Why should he be any different?