Sunday, 15 February 2009

The Lloyds bonuses are so wrong that even Cameron realises it

From the BBC:

Giving bonuses to executives at Lloyds Bank would be "completely wrong", Tory leader David Cameron has said.

Payments totalling £120m are reportedly to go to workers at Lloyds - which is 43% state-owned - despite record losses at the bank's subsidiary HBOS.

Well done David you've managed to come to the conclusion that John Prescott came to weeks ago, and as can be seen in the BBC article he's hardly the only person to have beaten Cameron to the punch:

Last week Chancellor Alistair Darling told RBS failure should not be rewarded with huge bonuses

[If you go to the article there's an embedded video showing an interview with Cameron. I don't know if you actually want to watch it. Personally I can't stand listening to David Cameron, even when he's pretending to care.]


  1. ordinary frontline workers who've hit their performance targets should not be penalised

  2. I agree, I think that ordinary bank employees have being doing their jobs and it's not their fault that the executives haven't.