Bugsy Posted February 14, 2009 Share Posted February 14, 2009 If you were largely responsible for bringing your company to the brinkof ruin and resigned in disgrace without a payoff, would you expect tobe employed as a consultant / advisor at £60,000 per month by the samecompany? But according to mediareports, Andy Hornby, the disgraced former Chief Executive of HBOS isbeing paid £60,000 per month (thats £720,000 per year!!) as an advisorto Lloyds Group (which now includes HBOS). Needless to say, since the UK taxpayer now owns a big chunk of Lloyds, they are effectively paying him £720,000 a year for his "advice". What a complete farce! Link to comment Share on other sites More sharing options...
Thibault Posted February 14, 2009 Share Posted February 14, 2009 Perhaps he's being paid as an advisor because he knows where all the bodies are?[:D] Link to comment Share on other sites More sharing options...
WendyG Posted February 14, 2009 Share Posted February 14, 2009 Have you heard the news this morning? The incompetence and greed of these people is sickening. Link to comment Share on other sites More sharing options...
Weedon Posted February 14, 2009 Share Posted February 14, 2009 Funny old world isn't it? Once upon a time a bonus was given for doing something exceptional to improve your company's business, not for nose diving it into the ground.Nick Leeson didn't get a bonus, he got a prison sentence. Link to comment Share on other sites More sharing options...
Dog Posted February 14, 2009 Share Posted February 14, 2009 It is absolutely incredible. He should be forced to pay back his pay and bonuses over the last seven years. He should be put in chains and made to work for nothing except meals of gruel. Link to comment Share on other sites More sharing options...
Sunday Driver Posted February 14, 2009 Share Posted February 14, 2009 ...and be made to eat hot gravel, clean the lake and lick road clean.....[;-)] Link to comment Share on other sites More sharing options...
Hoddy Posted February 14, 2009 Share Posted February 14, 2009 I think the most illuminating statement this week was the banker who told the House of Lord Committee that he regarded his £1m per annum as 'relatively modest'. A demonstration if we needed one of how the gulf between the rich and poor continues to widen.Hoddy Link to comment Share on other sites More sharing options...
Clarkkent Posted February 14, 2009 Share Posted February 14, 2009 Stepping to one side from this apalling business ...News of the state of HBOS does not seem to have reached Nigeria yet, I have just received a phishing e-mail claiming to come from the Halifax On-Line Service Team:Account NotificationWe take measures to make sure we keep you safe online and it's important that you do the same.Our records indicate that your account has been inactive for a long period of time. As a new security measures to protect from fraudsters accessing your internet banking account,We have temporarily placed your account on limited access.Back to the matter in hand, Some of the wealth of these incompetents will be in the form of shares. These will now be worthless. Strip them of their knighthoods and peerages, adjust their assets to reflect an income of £20,000pa for the last 10 years and seize the rest as partial compensation for the damage they have done.Oh, and make them walk through the streets of our major cities with signs round their necks inviting the throwing of rotten fruit ... Link to comment Share on other sites More sharing options...
splishsplash Posted February 14, 2009 Share Posted February 14, 2009 How about bringing back the stocks! Link to comment Share on other sites More sharing options...
Frederick Posted February 14, 2009 Share Posted February 14, 2009 They will just have to go back to their Scottish homes and sit amd ponder on what they have brought about....knowing that their council tax has been frozen for two years and apert from bonuses we are paying for that as well ! Link to comment Share on other sites More sharing options...
Chancer Posted February 14, 2009 Share Posted February 14, 2009 [quote user="WendyG"]Have you heard the news this morning? The incompetence and greed of these people is sickening.[/quote]No, what news? Link to comment Share on other sites More sharing options...
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