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Politics

Greedwatch 2

1 reply

newwave · 19/04/2011 23:21

The new CEO of the RBS bank (83% owned by us) has been awarded a salary of over £7M.

Correct me if I am wrong but as the bank is state owned that makes him a "civil servant" or maybe a "public employee" and as such is expected to make sacrifices for the public good as are the social workers, health workers etc (you get the point)

Now I dont know about you lot but £7M+ does not seem like much of a sacrifice in fact it seems like a slap in the face of the public sector workers.

I trust we wont hear government arseholes ministers bleating on again about the need for pay restraint.

It is about time the public sector unions organised a simultaneous strike of all the public sector workers including the underground and buses and maybe the rail unions after all the Government by it's actions have indicated that large pay awards are ok.

OP posts:
earthworm · 20/04/2011 07:33

It is a massive salary package that's for sure.

I read an interview with someone from RBS (Hester?) where he said even his mum thought he was paid too much.

I expect the nervousness about tackling this stems from the fact that we eventually want to sell our shares for as much as possible and don't want to impact their effectiveness; if he does a good job then £7m will be loose change to RBS.

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