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Tuesday, March 24, 2009

I point was made the other day on a TV item. That the bankers pensions were approved by non -exec. directors?

Non-Executive Directors are appointed to look after shareholders interests and to provide a check on the activities on Executive Directors. The Exec people do not fix their own salaries or pensions the Non-exec do that as part of their duties. Should not brown and the Media be going for the throat of the non-Exec. directors of the banks who approved the pay offs



We have all been conned by the Banks and the Government.





Massive bonuses and pensions will continue to be paid out even though Brown and Obama insist it will not happen, its too little too late!




I agree.

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