This is the latest from the BBC.
Andy Hornby, former chief executive of HBOS, said that he also took no bonus last year, and that he had never taken any bonus in the form of cash.
"I have never received one single penny in cash bonus," he said, referring to his time not only as boss of HBOS but also his time on the board.
Instead, he said, he had taken his bonuses in the form of shares.
"I have lost considerably more money than I have been paid," he said, referring to falls in the value of shares that he had been given by way of bonuses.
If the head of your bank thinks that this amounts to a loss, then he is, as you all reminded me, not worth a bullet. He has been given some shares. Lots of the fuckers. They are worth less now than when he was given them, (the drop in value entirely attributable to his own gross incompetence) and he thinks that he has lost more than he has been paid. This would only be true if the shares were of negative value.
I hope he is proved correct. They should fine the fucker for his crimes. Leave him penniless, like the victims of his negligence.
Arsehole.
7 comments:
There was something in the news the other day about a particular GCSE English I think, C grade being attained with a score of 18%. I was reading a book by Simon Carr, the Independent's sketch writer last year in which he exposed the fact that it had also been possible to get grade C GCSE Maths a few years back with 18%. That's not a pass, is it. That's getting 4 out of 5 questions wrong. No wonder we're in the shit. It's a wonder these morons can find their way out their houses. In fact, thinking about it, the only reasons these bastards claim they need to work long hours is because they don't know how to get home.
He's just like a vacuum cleaner - he's got a sucking force!
perhaps he could donate his shares, in paper form, to people who can't afford to heat their houses in this cold weather, they could be used as fuel
a sort of C21st Bonfire of the Vanities
(ooh! I'm covering the letter V today, that would fit in nicely)
I find it hard to disagree with you, Vicus.
dear Vicus
I hope that this restores my virtue and that you visit again soon
love ILTV
(and no, I'm not rivalling "twat of the day" altho it might seem so to the uninitiated)
Hornby came top of the class at Harvard Business School. Perhaps he had a lobotomy shortly afterwards, which would explain his gross incompetence and inability to diferentiate between free shares that lose a large proportion of their value and an actual loss.
Then again, he may just be a twat.
Thank you all for your messages of support.
Garfer. He is a twat. Sometimes the simplest answers are the correct ones.
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