Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
LOL Reg - your insults have always been a class of their own and water off a ducks back to me, pity you can't take a bit of plain speaking and good advice.
Show the sources with direct link so we can evaluate the creditability of the writer, without that what you said was nothing but wind and air. The simple facts are as I said, risk related returns on investments that will most usually be used to underpin guaranteed pension payments to you and people like you. These are simple facts regardless of any of your class hatred and prejudice and the sheer stupid ignorance of the left wing commentariate. Where on earth do you think that these £billions governments are borrowing get it from, it does not all come from Chinese bail-outs and they quite rightly want a risk related return on their money as well, they are not fools.
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
Bankers of Goldman Sachs were accused last night of living in a parallel universe after they had declared to `set
aside` £ 8 billion ..an average of £ 238,000 each..when their profits continue to slide.Another example of excessive
pay for mediocre performance.
Add to the speculation of RBS Chief Executive could be paid £ 1.5 million,when the Government own 83 % of the banks
shares,is more pressure on Cameron who is about to join the growing debate on moral capitalism and make a speech
on how he will set out plans to restore and reform a modern form of ``popular capitalism``.
However we are reminded Cameron made a similar speech in Davos 2009 where he called for a ``Radical Capitalism
with Conscience``
This speech will be followed on Tuesday by Cable to address the `City`s Short Termism`.
City Fund Managers Fidility are said to be in agreement.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
interesting to hear dave going on about co-operatives with the same passion as michael foot or tony benn.
no wonder the voters get confused.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Different context Howard. That said the business/share owning democracy has sat alongside a property owning democracy since the days of Mrs T as a Conservative dream and objective. The encouragement for people to invest in equity and, in particular, their own employer whether by share purchase, obtaining a partnership, management by-out or employee buy-out is to be applauded and supported whole heartedly.
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
I think the point in hand is
do we feel all these geezers are worth there lot?
or some of them?
or none?
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 653- Registered: 13 Mar 2008
- Posts: 10,540
Share-ownership in the company you work for, must surely increase your loyalty and work attitude to that company - the better they do, the better you'll do: mutual benefit is the point of it.
Roger
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
it seems to work well with john lewis, i would like to see more worker participation either through co-operatives or genuine profit sharing schemes.
Jan Higgins
- Location: Dover
- Registered: 5 Jul 2010
- Posts: 13,888
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I try to be neutral and polite but it is hard and getting even more difficult at times.
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Guest 653- Registered: 13 Mar 2008
- Posts: 10,540
Thank You Jan.
Roger
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
co operatives
bit of a socialist idea
careful roger
lol
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 653- Registered: 13 Mar 2008
- Posts: 10,540
I never looked upon it as a socialist idea Keith but good business sense.
Roger
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
co operatives
certainly a labour idea
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Did they not pre-date the Labour Party Keith?
I do believe they did.
A 'co-operative' is just one way for employees to take a control over their business or gain a say or equity ownership - employee share schemes, management and employee buy-outs, partnerships, co-ops - whatever model suits. I am fully in favour and quite enthusiastic about this, more and more people getting a real stake in our capitalist society - absolutely the right way to go. One day everyone will be a capitalist and that can only be good.
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Co-operatives were in operation in Mesopotamia around 3000 BC. There is nothing new under the sun.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Guest 671- Registered: 4 May 2008
- Posts: 2,095
"My New Year's Resolution, is to try and emulate Marek's level of chilled out, thoughtfulness and humour towards other forumites and not lose my decorum"
Paul Watkins- Location: Dover
- Registered: 9 Nov 2011
- Posts: 2,226
Was not that called slavery Peter?
Watty
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
anway getting back to the thread are we happy with all the greedy pigs
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
Stephen Hester awarded £ 1.3 Million bonus.
We bailed out RBS with billions of our money...........we own 83% of the shares.
Many wealthy bankers,politicians and businessmen seem to live in a different world from the rest of us.
Politicians from all sides have spoken out against the £ 1.3 million bonus.
Why are we coughing up £ 1.3 million when `we`are paying off their errors.....the deficit?
Paul Watkins- Location: Dover
- Registered: 9 Nov 2011
- Posts: 2,226
As this guy is not the C/E or Chairman who caused the problem but the guy who has been cajoled into to solving the deficit & is doing it, I find it difficult not to reward success by using him as the scapegoat for past greed.
Watty
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
bonuses are supposed to be linked to success, under his stewardship share prices have plunged and lending targets missed.
at the end of the day he is a well paid public servant without throwing extra money at him.
"My New Year's Resolution, is to try and emulate Marek's level of chilled out, thoughtfulness and humour towards other forumites and not lose my decorum"