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BOI awards itself payrise and buys corprate box

  • 07-02-2009 6:04pm
    #1
    parsi
    Site Banned Posts: 5,904 ✭✭✭


    From http://www.examiner.ie/ireland/ideyauauoj/

    "THE chief executive of Bank of Ireland has rubber-stamped a 3.5% pay rise to 6,000 employees, less than a month after a €2 billion taxpayer bailout of the stricken financial institution was announced."

    "It has also emerged that BoI and Allied Irish Bank have paid out €500,000 each for corporate boxes at the new Lansdowne Road stadium."

    Good to know where my taxes are going. Companies are going to the wall and the banks are doing very nicely thank you.


Comments

  • #2
    wylo
    Registered Users, Registered Users 2 Posts: 2,214 ✭✭✭wylo


    something Im sure the public sector will love.


  • #3
    SEPT 23 1989
    Registered Users, Registered Users 2 Posts: 43,028 ✭✭✭✭SEPT 23 1989


    have this shower of brass neck bastards no shame?


  • #4
    Zaph
    Registered Users, Subscribers, Registered Users 2 Posts: 47,352 ✭✭✭✭Zaph


    parsi wrote: »
    "It has also emerged that BoI and Allied Irish Bank have paid out €500,000 each for corporate boxes at the new Lansdowne Road stadium."

    When were these purchased? My guess is that it was well before there was any hint of a financial crisis and not just in the last couple of weeks. Sounds like shít stirring for the sake of it by the press, tbh.


  • #5
    yoshytoshy
    Closed Accounts Posts: 3,305 ✭✭✭yoshytoshy


    What is with all the whinging ,we all know that if people don't spend money more jobs will be lost.

    Get over it ,the country still needs investment.


  • #6
    wylo
    Registered Users, Registered Users 2 Posts: 2,214 ✭✭✭wylo


    yoshytoshy wrote: »
    What is with all the whinging
    Thousands of jobs lost, Public sector takes pay cut, banks get bailed out by our money, and banks give themselves a pay rise.
    Thats what were whinging about.


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  • #7
    yoshytoshy
    Closed Accounts Posts: 3,305 ✭✭✭yoshytoshy


    Theres loads on the public sector payroll that have jobs ,merely because of the excess of cash that was around.

    Because of the unions ,we have to pay for them in the future.


  • #8
    Biggins
    Banned (with Prison Access) Posts: 34,567 ✭✭✭✭Biggins


    ...and now we are going to give them public money (7 Billion, latest figures as of today, 6pm news) - YOUR money!
    They will enjoy it in their vip box.

    7 Billion payout: http://www.independent.ie/national-news/cowen-now-for-the-83647bn-bailout-1631831.html


  • #9
    yoshytoshy
    Closed Accounts Posts: 3,305 ✭✭✭yoshytoshy


    Whats the alternative ,sit around like lame ducks and wait to be overthrown like we were 100 years ago.


  • #10
    thebman
    Closed Accounts Posts: 10,012 ✭✭✭✭thebman


    Hurray, so how many small businesses could have surivived a few more months on that 500,000?


  • #11
    yoshytoshy
    Closed Accounts Posts: 3,305 ✭✭✭yoshytoshy


    I don't know how badly the banks are doing at the moment ,but I know confidence is more important in times like these.

    If the banks run scared from everyone and everybody ,we won't have any money for anything. The public sector has no influence on outside investment.


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