At a time when everyone is suffereing, when public services are being cut, salaries cut, jobs lost, the almost £1 million bonus to Stephen Hester, chief of Royal Bank of Scotland (RBS) is obscene.
The almost £1 million bonus to head of Royal Bank of Scotland is obscene and offensive. We should not be relying on him to refuse the bonus, these people have no shame.
Prime Minister David Cameron on behalf of UK taxpayers who are the majority shareholders should block the bonus.
Cameron says shareholders in public companies should block excessive executive pay rises. He should therefore act, set an example.
It is rumoured the board will resign if the bonus is blocked. Call their bluff, let them resign. Where will they go? They would not even have a job if we had not bailed them out.
It is offensive and obscene when the FTSE 100 executives see 49% increase, when many people are seeing a decrease in salary or are losing their jobs.
These people do not take risks. They are salaried employees. The only risks they take is with other people’s money.
RBS customers should complain.
RBS finance dodgy projects, eg tar sands.
– Raising a Ruckus
– Climate Camp vs RBS – We’ve arrived
Why has RBS spent millions lobbying in Washington?
It may now be owned by the taxpayer but RBS has not cleaned up its act. It is still the same grubby company, the same greed-driven mindset. A comparison with the revolution in Tahrir Square, the players have changed but nothing has changed.
An on-line poll in the Telegraph, and note Telegraph not Sun or Mirror or Daily Mail, the overwheling majority said the bonus should not be paid.
Time for UK Uncut to occupy RBS?
Please sign the on-line petition calling for Stephen Hester, chief of Royal Bank of Scotland, to forego his bonus.
– Bailed-out RBS spends millions on Washington lobbyists
– Boris Johnson brands RBS chief’s bonus ‘absolutely bewildering’
– RBS chief Stephen Hester’s £963,000 bonus criticised
– Treasury feared Hester and board would quit