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  As did I Howard. Tom has already made the point as to them being no more than part of the 'pay package' and the article tells how well that has worked.
  
  If they were based on profit sharing there might be some sympathy for them but they are now reality resistant, the latest example of the Lloyds Names syndrome. I am sure we can all remember the names, signing on as such and collecting dividends on the basis of being there to cover shortfalls, being bailed out at public expense when actually having to do what they were paid to do.

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