Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
I have more than that Keith - I have professional knowledge.
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
sorry barryw i forgot i was posting to the
KNOW IT ALL, NO ONE ELSE KNOWS barryw
ALL POSTS ARE MY OWN PERSONAL VIEWS
Ross Miller
- Location: London Road, Dover
- Registered: 17 Sep 2008
- Posts: 3,709
Oh FFS grow up and just accept that Barry and others actually have professional knowledge of the financial services sector and/or business.
When they discuss technical points just accept them as facts
When what they express is clearly opinion then rip it to bits by all means - particularly when he/they hold an opinion that doesnt match yours or seems divorced from reality - after all NONE of us can be or are correct all the time.
"Dream as if you'll live forever. Live as if you'll die today." - James Dean
"Being deeply loved by someone gives you strength,
While loving someone deeply gives you courage" - Laozi
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Ross
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
ROSS;
If you were even handed in your approach i would by all means wind my neck in as you ask.
as i'v stated earlier in other posts, barryw does have an opinion and like others i accept we have very different posters with a vast amount of experience
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
Big Six firm breaks ranks in `unfair pricing`
Scottish and Southern Energy had 68 tariffs.....they have reduced them to 4............laying down the
challenge to others of the `Big Six` who have predatory pricing which enable them to return obscene profits..
......watch this space.........
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Keith much of what Barry and others state as facts (including myself on occasion) you treat as opinion or as unreliable. An example is your continual refusal to accept that I am not, and never have been, a member of any political party.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
peter;
it makes no difference to me whether your a member of a political party or not.
as i keep saying, this forum is enriched with many forumites with a vast amount of differing expertese long may it continue
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Sadly Peter and Ross, Keith has a real problem in differentiating between fact and opinion, largely because the facts are inconvenient to him.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
ALL POSTS ARE MY OWN PERSONAL VIEWS
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
i like a biased opinion,it adds depth to the argument.
Guest 698- Registered: 28 May 2010
- Posts: 8,664
For once I agree Brian, there's no fun in shooting down a good reasoned view.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
New RBS bonus storm brewing.It will be revealed today bonuses of £ 785 million will be paid to staff.
Details of who is being paid the bonuses will only be available later this year when company accounts will be
published but the head of Global Banking could receive £ 5 million.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
we are back to this do those at the RBS with such losees still deserve these payouts?
ALL POSTS ARE MY OWN PERSONAL VIEWS
Ross Miller- Location: London Road, Dover
- Registered: 17 Sep 2008
- Posts: 3,709
Unfortunately it really depends on what their contracts of employment say and how their individual performance has been assessed.
Most employers split the assessment of performance between corporate, team and individual elements with the proportion of each varying depending on the amount of influence one can exercise over particularly the first 2. So for junior staff their bonus will likely be 10%:30%:60% whereas the chief exec is probably 50%:0%:50% as his "team" is the whole business.
In the context of RBS bear in mind that they employ thousands of people in branches, back office and call centres who have probably all worked damn hard to reverse the fortunes of their employer and deserve some recognition for that; only a tiny proportion of their staff are employed in the capital markets unit.
"Dream as if you'll live forever. Live as if you'll die today." - James Dean
"Being deeply loved by someone gives you strength,
While loving someone deeply gives you courage" - Laozi
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
good to read a detailed breakdown of who does what and who gets what, much better than the headline grabbing stuff.
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
As the RBS has a loss of £2 billion to show for 2011, we taxpayers are footing the bill for the nearly £800 million RBS bonuses. Many of those receiving from this tax-paid bonus pot are multi millionaires.
This is a disgrace! Government should immediately intervene to stop it.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Alexander - no you are wrong. This is much more complex than that. The bail-out was a capital injection, the taxpayers are not making a revenue contribution.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
thats one way out barryw;
gives the impression tax payer not affected
not quite the case though?
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Keith - the losses are not subsidised by the taxpayer, there is not an ongoing revenue commitment involved. Losses merely put off the point at which RBS gets re-privatised. What is important is the restructuring that the current management has been putting into place to bring the group into profit and in that they have been doing a good job. That very restructuring can in itself create losses before the business can move forward and, as Peter pointed out, there are a lot of legacy liabilities from the old team such as PPI insurance misselling that need to be got out of the way.
