Posts Tagged ‘Royal Bank of Scotland’

I am stupefied to read about the obscene bonus (and salary) being paid to the RBS chief executive.  I don’t care if he single-handedly turned a dire situation into a better one (which, let’s face it, he didn’t), I don’t care if he can walk on water:  no-one deserves or could possible justify such astronomic sums in any economic climate let alone one where the bank has sacked dozens of front-line employees in order to cut costs.   I am even more angry that the UK Government – which  owns 80% of  RBS – seems to be unable or unwilling to stop this farce. 
Do they have no shame?  Is there nothing that can be done to change this avarice culture ?