Guest 640- Registered: 21 Apr 2007
- Posts: 7,819
#21
Very interesting post BarryW...things may not all have been totally correct in the accumulation I see. But this wouldnt surprise many as these guys know how to play the system.
Even in the good years a few years back, many people complained about the salaries of fat cats. It was always too much.. the remuneration didnt match the achievements. Even the London newspapers at the time used to wade in about the obscenity of it all.
And that was the good days.
Yes people should be rewarded if they are good, but hopefully never again on the scale seen before. But failure should never be rewarded. This Goodwin guy should have met the same fate that would apply to the rest of us if we fail in business...the sack!!
People generally now are disgusted by outrageous salaries, as ordinary guys in the streeet now recognise that these guys receiving them are not particularly special...ie they are no big deal, a revelation brought home to all of us over the Jonathan Ross debacle. Big big salary, modest talent, no class.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#22
I certainly wont disagree with most of that Paul except I am not comfortable with the term fat cats and I would not necessarily brand remuneration as too much for a successful CEO, I underline the successful bit, as long as it is in line with the market.
The important thing though is that at least we taxpayers are unlikely to have any long term liabilities for this mans pension.
Guest 674- Registered: 25 Jun 2008
- Posts: 3,391
#23
Barryw
Interesting, agree with most of your post, the bit on fat cats, we should if possible reward people, but we have to get away from rewarding in millions of pounds, Need to look around at all the people struggling to survive.
Need a rethink on how we can redress this inbalance