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Bank watchdog gets €630,000 secret payoff

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  • 11-02-2009 11:05am
    #1
    Paddy Samurai
    Registered Users Posts: 3,014 ✭✭✭


    Bank watchdog gets €630,000 secret payoff

    Neary will also get €142,670 pension. See no matter what they say, it never ever ends.The guys at the top AWAYS , ALWAYS get looked after while the rest of us get screwed!.


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    #2
    junior_apollo
    Registered Users Posts: 740 ✭✭✭junior_apollo


    Paddy Samurai wrote: »
    Bank watchdog gets €630,000 secret payoff

    Neary will also get €142,670 pension. See no matter what they say, it never ever ends.The guys at the top AWAYS , ALWAYS get looked after while the rest of us get screwed!.

    Any links to that?


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    #3
    biko
    Registered Users Posts: 81,223 ✭✭✭✭biko


    http://www.independent.ie/national-news/bank-watchdog-gets-8364630000-secret-payoff-1635169.html

    "Last night, as public anger mounted over bank executives receiving huge salaries while the taxpayer bails out their lending errors to the tune of €7bn, the extent of Mr Neary's goodbye money was revealed.

    * He was on an annual salary of €285,341.
    * He was paid an additional €202,000 handshake in return for his resignation -- equivalent to being paid for eight months.
    * He was also paid a lump sum of €428,000.
    * He will also receive an annual pension of €142,670."


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    #4
    Mena
    Registered Users Posts: 3,180 ✭✭✭Mena


    Not much of a secret...


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    #5
    Biggins
    Banned (with Prison Access) Posts: 34,567 ✭✭✭✭Biggins


    All these guys aren't stupid.
    They sign up for the job thru top solicitors and air-tight contracts.
    Our loss. :(


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    #6
    SEPT 23 1989
    Registered Users Posts: 43,028 ✭✭✭✭SEPT 23 1989


    and on the same day funding for special needs kids in schools in slashed


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    #7
    Professey Chin
    Registered Users Posts: 51,054 ✭✭✭✭Professey Chin


    Biggins wrote: »
    All these guys aren't stupid.
    They sign up for the job thru top solicitors and air-tight contracts.
    Our loss. :(
    But are they smart enough to dodge a bullet

    *loads shotgun*


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    #8
    Cookie_Monster
    Registered Users Posts: 24,489 ✭✭✭✭Cookie_Monster


    SEPT 23 1989 wrote: »
    and on the same day funding for special needs kids in schools in slashed

    Cages shouldn't cost that much anyway.


    He should be jailed for corruption or fined for being inept as it was his job to see that things like this didn't happen and not just allowed to walk off into the sunset scot free (and loaded)


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    #9
    Paddy Samurai
    Registered Users Posts: 3,014 ✭✭✭Paddy Samurai


    junior_apollo wrote: »
    Any links to that?


    http://www.independent.ie/national-news/bank-watchdog-gets-8364630000-secret-payoff-1635169.html


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    #10
    biko
    Registered Users Posts: 81,223 ✭✭✭✭biko


    I will apply for the next Regulator position, it's apparent no skills whatsoever is needed.
    Just don't do what you're paid to do and get a fat pension and a golden handshake.

    No pension for Neary! No pension for Neary! No pension for Neary!


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    #11
    BennyLava
    Closed Accounts Posts: 205 ✭✭BennyLava


    Goes to show you it pays to be a friend of Fianna Fail


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    #12
    Big Wave
    Closed Accounts Posts: 313 ✭✭Big Wave


    SEPT 23 1989 wrote: »
    and on the same day funding for special needs kids in schools in slashed
    Cookie_Monster wrote: »
    Cages shouldn't cost that much anyway.

    How about I smash your f*cking face in?


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    #13
    Biggins
    Banned (with Prison Access) Posts: 34,567 ✭✭✭✭Biggins


    Big Wave wrote: »
    How about I smash your f*cking face in?

    Might agree with you/might not, but that is a touch too far for a comment.


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    #14
    Professey Chin
    Registered Users Posts: 51,054 ✭✭✭✭Professey Chin


    Cookie_Monster wrote: »
    Cages shouldn't cost that much anyway.
    Oh youre goin to hell for that one

    And so am I for laughing:o


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    #15
    Wagon
    Closed Accounts Posts: 3,119 ✭✭✭Wagon


    Big Wave wrote: »
    How about I smash your f*cking face in?

    I laughed. It's normally what you do with a funny joke.


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    #16
    dr.bollocko
    Moderators, Music Moderators Posts: 35,943 Mod ✭✭✭✭dr.bollocko


    Big Wave wrote: »
    How about I smash your f*cking face in?

    Banned.
    /sigh.
    Cookie_Monster wrote: »
    Cages shouldn't cost that much anyway.
    Quit trollin'.


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    #17
    Professey Chin
    Registered Users Posts: 51,054 ✭✭✭✭Professey Chin


    Big Wave wrote: »
    How about I smash your f*cking face in?
    Whats a fastrixcking face:confused:


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    #18
    Gummy Panda
    Closed Accounts Posts: 20,919 ✭✭✭✭Gummy Panda


    Big Wave wrote: »
    How about I smash your f*cking face in?

    How about you chill and realise this is AH?


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    #19
    thebigcheese22
    Registered Users Posts: 1,379 ✭✭✭thebigcheese22


    Gummy Panda wrote: »
    How about you chill and realise this is AH?

    +1

    Anyways ya it is sickening. He should ahve been fired, not retired. He didn't do his job at all! That **** in Anglo Sean FitzPatrick managed to hide a 91 million loan to himself - surely that wouldn't have been hard to uncover, with the sheer size of it?!
    And also he didn't know that Irish Life & Permanent were loaning Anglo billions to make their accounts look good.

    Aaaaarrrggghhhh its so frustrating!!! :mad: :(


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    #20
    Professey Chin
    Registered Users Posts: 51,054 ✭✭✭✭Professey Chin


    Gummy Panda wrote: »
    How about you chill and realise this is AH?
    Too late. He's gone


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    #21
    Kev_ps3
    Closed Accounts Posts: 3,604 ✭✭✭Kev_ps3


    Very harsh banning imo. That joke was not really funny if you have a special needs child in your family.


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    #22
    Professey Chin
    Registered Users Posts: 51,054 ✭✭✭✭Professey Chin


    Kev_ps3 wrote: »
    Very harsh banning imo. That joke was not really funny if you have a special needs child in your family.
    It wasnt harsh. Personal threats are not allowed


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    #23
    dtwhaler
    Registered Users Posts: 39 ✭dtwhaler


    Why the big fuss about this when a certain Mr Ahern who failed to do his job got a bigger golden handshake ?


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    #24
    Cookie_Monster
    Registered Users Posts: 24,489 ✭✭✭✭Cookie_Monster


    Gummy Panda wrote: »
    How about you chill and realise this is AH?

    Exactly, I would not post something like that in one of the "serious" forums. This is what happens when you take away the right to "yore ma" comments, a lower level is required to replace them:D

    Maybe a smiley after was needed:pac:


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    #25
    PeakOutput
    Registered Users Posts: 7,639 ✭✭✭PeakOutput


    you guys do realise that he did a very good job in every area other than banks(apparently)

    sure banks is a large part of his job but everyone here would be paying alot more for alot less to insurance companies if it was not for this guy

    im not saying it excuses his mistakes im just saying he was not completely inept


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    #26
    Professey Chin
    Registered Users Posts: 51,054 ✭✭✭✭Professey Chin


    Cookie_Monster wrote: »
    Exactly, I would not post something like that in one of the "serious" forums. This is what happens when you take away the right to "yore ma" comments, a lower level is required to replace them:D

    Maybe a smiley after was needed:pac:
    Personally I prefer the lower levels.
    Now we just need to negotiate. I say we give up the "yore ma" and all variations of above phrase in exchange for rape jokes.

    No? Ok then......wheres those bastards who negotiated the benchmarking process when you need them


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    #27
    sceptre
    Registered Users Posts: 19,608 ✭✭✭✭sceptre


    Irish Indo story wrote:
    Mr Neary had no idea about the practice, even though it was discovered by staff at his own office early last year. He had to be informed of the massive loans by Mr Lenihan, who had discovered the loans himself as a result of Anglo's participation in the bank guarantee scheme last December.
    With skills like that, wonder if he knows what a tracker mortgage is.


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    #28
    Cookie_Monster
    Registered Users Posts: 24,489 ✭✭✭✭Cookie_Monster


    Ultimate Chin wrote: »
    Personally I prefer the lower levels.

    Secretly we all do. Some people will just try and deny it and be all PC, others(like me:D) will just say it and laugh at the people who find it offensive.

    I need a Lolcat for Big Wave i think:confused:


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    #29
    IvySlayer
    Registered Users Posts: 17,187 ✭✭✭✭IvySlayer


    Eurgh. We need legislation so that any working for the government that no-one cannnot earn more than x amount. And a cap on their pension. Thank you, problem solved.


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    #30
    Hellm0
    Registered Users Posts: 1,028 ✭✭✭Hellm0


    Cookie_Monster wrote: »
    Secretly we all do. Some people will just try and deny it and be all PC, others(like me:D) will just say it and laugh at the people who find it offensive.

    Except those of us who attended so called "Special needs schools", in my case dyslexia. I'm all for lowering the moral standard but those schools are seriously under funded and they do good work. Implying they use cages is pretty insulting to people who have come out the other end of such schools.
    Cookie_Monster wrote: »
    I need a Lolcat for Big Wave i think:confused:

    How original. Next I imagine you plan to spam out paragraphs of "SAGE" and start talking about how something is "fail" or "win".


    Also, on topic, it's time to bring out the Guillotine. Could be interesting, see how many executives of failing banks decline their bonus by the time Neary's head hits the ground.


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    #31
    galwayrush
    Registered Users Posts: 12,815 ✭✭✭✭galwayrush


    How ****ing stupid we are to accept this.We should be protesting. Idiot who failed to do his job is highly rewarded for his failure.
    Another thing, Bertie, why the **** is he allowed to take 130,000 of a lump sum for standing down as Taoiseach, and as for his pension, 4 K per week when he retires:eek: FFS:mad:


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