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How the hell is this allowed happen ?

  • 19-08-2010 4:49pm
    #1
    Registered Users, Registered Users 2 Posts: 2,630 ✭✭✭Einstein


    :mad:

    I'm not one for jumping on the bandwagon when it comes to moaning and bitching about hte government...but how the fook was this allowed?

    http://www.herald.ie/national-news/anglo-chief-gets-euro32k-pay-rise-2303532.html
    Anglo Chief gets 32k payrise...

    "I think it's absolutely staggering to think that anyone had the brass neck to sanction this," Senator Ross added.

    "The whole structure is wrong and it shows that we are creeping back towards the old style pay for bankers."

    The overall salary for the chief executive, Mike Aynsley, was capped at €500,000 as the bank took part in the Government's credit guarantee scheme.

    However, the chairman, Donal O'Connor, saw his fee jump from €218,000 to €250,000, a 14.6pc increase.

    Sean Fitzpatrick resigned from the role of chairman in December 2008.

    Meanwhile non-executive directors' fees were increased from €44,000 to €73,000, according to new documents uncovered.

    A representative for the Department of Finance confirmed that the Minister gave the thumbs up for the boost.

    "The Minister did sanction higher fees in light of the additional workload," the spokeswoman confirmed.

    "At the time, there was no management structure in place. It was felt that because there was no executive director, it was recommended that the other non-executive directors should receive an increase."

    The government representative added that now that there is a management structure in place, the level of fees would "have to be reviewed".

    However, they could not confirm a schedule for when this evaluation would take place.


«1

Comments

  • Registered Users, Registered Users 2 Posts: 3,023 ✭✭✭Fukuyama


    Because, in the words of the Greeks, we're "cowards" who wont oust these pricks from government.

    Little bit of anarchy would stamp this crap right out...


  • Closed Accounts Posts: 56 ✭✭Saft Hans


    .....and the rich get richer.....:rolleyes::(


  • Closed Accounts Posts: 2,836 ✭✭✭TanG411


    Anarchy!

    I'd love if it occured. :D


  • Closed Accounts Posts: 20,759 ✭✭✭✭dlofnep


    We need a good old fashioned civil uprising.


  • Registered Users, Registered Users 2 Posts: 2,630 ✭✭✭Einstein


    It's needed...

    Cheeky sonsa biatches is all they are...

    How they have the cheek to make the public out to be total fcukwits after bailing out 25billion euro.

    Should have let the bastids go down the swanny...:mad:


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  • Registered Users, Registered Users 2 Posts: 57,358 ✭✭✭✭walshb


    Wow, several posts in and I have yet to hear the old, "They have to pay so high to attract the best." What a load of bollox!


  • Registered Users, Registered Users 2 Posts: 24,229 ✭✭✭✭ejmaztec


    I'm going to get in the "Uprising Queue" at my local post office.


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


    dlofnep wrote: »
    We need a good old fashioned civil uprising.
    True.

    I attended "The Plough and the Stars" last night in the Abbey Theatre and it was a reminder of just how far we have become too complacent at those who are only out to feather their own nest and abuse the trust of the public.

    Greater men dead than those alive today, had protested and fought for less and in the end gave birth to the state we live in today.

    Those dead men now would be rotting in their graves with horror to see who far we have fallen by the way-side in keeping up their spirit of fighting injustices.


  • Registered Users, Registered Users 2 Posts: 4,092 ✭✭✭CiaranMT


    It's allowed to happen cos we allow it to happen.


  • Registered Users, Registered Users 2 Posts: 24,229 ✭✭✭✭ejmaztec


    walshb wrote: »
    Wow, several posts in and I have yet to hear the old, "They have to pay so high to attract the best." What a load of bollox!

    Of course, Anglo paid big bucks and attracted the best the last time.:o


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  • Registered Users, Registered Users 2 Posts: 4,257 ✭✭✭SoupyNorman


    Thats it, the straw that broke the camels back. Lets go and protest everybody....To Dail Eireann away!


    ..actually, it's kinda wet out and Masterchef is on soon.


    Shall we reschedule for another day?


  • Registered Users, Registered Users 2 Posts: 2,629 ✭✭✭raah!


    Are uprisings against the law? Wouldn't advocating them be against the charter? Who knows these things. Someone surely.


  • Registered Users, Registered Users 2 Posts: 5,081 ✭✭✭Fromvert


    You have to spend money to make money.


  • Registered Users, Registered Users 2 Posts: 2,630 ✭✭✭Einstein


    Thats it, the straw that broke the camels back. Lets go and protest everybody....To Dail Eireann away!


    ..actually, it's kinda wet out and Masterchef is on soon.


    Shall we reschedule for another day?
    ironically this is the first time in this whole economic downturn situation where I'd quite happily protest.

    What can we expect from a finance minister who's a trained barrister :rolleyes:


  • Closed Accounts Posts: 3,619 ✭✭✭fontanalis


    Einstein wrote: »
    ironically this is the first time in this whole economic downturn situation where I'd quite happily protest.

    What can we expect from a finance minister who's a trained barrister :rolleyes:

    http://i38.photobucket.com/albums/e146/vgupload/TheAngloMachine.jpg


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


    Einstein wrote: »
    ironically this is the first time in this whole economic downturn situation where I'd quite happily protest.

    What can we expect from a finance minister who's a trained barrister :rolleyes:
    Well it won't be accountability! :(


  • Registered Users, Registered Users 2 Posts: 3,127 ✭✭✭kjl


    You know this country was flying when the bankers were being paid a lot.


  • Closed Accounts Posts: 3,619 ✭✭✭fontanalis


    kjl wrote: »
    You know this country was flying when the bankers were being paid a lot.

    So high it could touch the sky


  • Posts: 17,378 ✭✭✭✭ [Deleted User]


    ****.. Glad I'm leavin this place in 3 weeks.


  • Registered Users, Registered Users 2 Posts: 258 ✭✭areu4real?


    I really wish people cared. Most people I know don't even want to hear it. More interested in who went out of Big Bro. last night :confused:
    The intro to the "documentary" Zeitgeist is v interesting. Pretty much parallells the way things are today. Even if you don't have time to watch the whole lot, watch the first few minutes. Was an eye opener for me

    Edit: Just checked, it's not the intro. May not even be Zeitgeist. Can anyone help me with this? It's an old documentary about the Roman Empire with images of today flashing up alongside it

    Edit 2: We didn't listen (see below)


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  • Registered Users, Registered Users 2 Posts: 26,061 ✭✭✭✭Terry


    I called for a protest against these feckers about 18 months ago and you all laughed at me.


    Fair enough, I generally take the piss, but I wasn't that time.

    I would like everyone who posts in this thread to include the line "We didn't listen".


  • Registered Users, Registered Users 2 Posts: 37,316 ✭✭✭✭the_syco


    Watching "Reeling in the Years" on RTE every day, and this week (70's) could be current news.


  • Closed Accounts Posts: 6,414 ✭✭✭kraggy


    None of the original directors are on the board now.

    The people in charge now are obviously doing a good job if they're gettina pay increase. It's not their fault that the bank needs the billions. It's their job to ask for it from the government to clean up the mess left behind by the other eejits.


  • Registered Users, Registered Users 2 Posts: 2,630 ✭✭✭Einstein


    kraggy wrote: »
    None of the original directors are on the board now.

    The people in charge now are obviously doing a good job if they're gettina pay increase. It's not their fault that the bank needs the billions. It's their job to ask for it from the government to clean up the mess left behind by the other eejits.

    and 215k a year isnt enough to be head honcho in a bank saved with our tax?
    instead he gets approx 250k a year...

    sure thats only €4800 a week...

    why not...


  • Registered Users, Registered Users 2 Posts: 26,061 ✭✭✭✭Terry


    the_syco wrote: »
    Watching "Reeling in the Years" on RTE every day, and this week (70's) could be current news.
    kraggy wrote: »
    None of the original directors are on the board now.

    The people in charge now are obviously doing a good job if they're gettina pay increase. It's not their fault that the bank needs the billions. It's their job to ask for it from the government to clean up the mess left behind by the other eejits.
    Einstein wrote: »
    and 215k a year isnt enough to be head honcho in a bank saved with our tax?
    instead he gets approx 250k a year...

    sure thats only €4800 a week...

    why not...

    It's times like these that I miss being an AH mod and abusing my mod powers.

    You didn't listen, so please acknowledge it.


  • Registered Users, Registered Users 2 Posts: 2,630 ✭✭✭Einstein


    Terry wrote: »
    It's times like these that I miss being an AH mod and abusing my mod powers.

    You didn't listen, so please acknowledge it.
    *ahem*







    it was raining that night too...


  • Registered Users, Registered Users 2 Posts: 446 ✭✭duckmusic


    areu4real? wrote: »

    Edit: Just checked, it's not the intro. May not even be Zeitgeist. Can anyone help me with this? It's an old documentary about the Roman Empire with images of today falshing up alongside it

    (see below)

    Think it Capitalism a Love Story. Awful movie:rolleyes:


  • Registered Users, Registered Users 2 Posts: 3,097 ✭✭✭Herb Powell


    raah! wrote: »
    Are uprisings against the law? Wouldn't advocating them be against the charter? Who knows these things. Someone surely.
    fukk the charter.


  • Registered Users, Registered Users 2 Posts: 258 ✭✭areu4real?


    duckmusic wrote: »
    Think it Capitalism a Love Story. Awful movie:rolleyes:

    Thanks man, that's the one. As I said, not the movie, just the intro.
    Makes a lot of sense. Not a conspiracy nut but I do like to watch these types of programs. Even if 1% of the stuff is true, that's too much


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  • Closed Accounts Posts: 6,414 ✭✭✭kraggy


    Terry wrote: »
    It's times like these that I miss being an AH mod and abusing my mod powers.

    You didn't listen, so please acknowledge it.

    Huh?


  • Registered Users, Registered Users 2 Posts: 1,308 ✭✭✭Ricardo G


    ****.. Glad I'm leavin this place in 3 weeks.

    You and another 149,999 over the next 4 years. The brains of the country are leaving and what are the government doing??? Diddly squat :mad:


  • Closed Accounts Posts: 6,414 ✭✭✭kraggy


    Einstein wrote: »
    and 215k a year isnt enough to be head honcho in a bank saved with our tax?
    instead he gets approx 250k a year...

    sure thats only €4800 a week...

    why not...

    Given the responsibility, media attention and overall size of the organisation, that's quite a low in terms of the general market salary.

    They could go elsewhere and earn a lot more.


  • Registered Users, Registered Users 2 Posts: 24,229 ✭✭✭✭ejmaztec


    kraggy wrote: »
    Given the responsibility, media attention and overall size of the organisation, that's quite a low in terms of the general market salary.

    They could go elsewhere and earn a lot more.

    Or they could do the usual of lending a sh1tload of money to themselves, and not paying it back.


  • Closed Accounts Posts: 14,670 ✭✭✭✭Wolfe Tone


    Terry wrote: »
    I called for a protest against these feckers about 18 months ago and you all laughed at me.


    Fair enough, I generally take the piss, but I wasn't that time.

    I would like everyone who posts in this thread to include the line "We didn't listen".
    TBH Terry, we did listen and we all would have arranged to meet at the Spire placards in hand, but we were not sure whether you would be naked or not. We couldn't take that risk!


  • Closed Accounts Posts: 6,414 ✭✭✭kraggy


    ejmaztec wrote: »
    Or they could do the usual of lending a sh1tload of money to themselves, and not paying it back.

    I've already pointed out that the directors in place are not the ones who were there before. Not one of the original board are still there.


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  • Registered Users, Registered Users 2 Posts: 3,803 ✭✭✭El Siglo


    Sure the plebs voted these cunts in, what did people expect? Any cabinet that allows Mary Harney or Mary Coughlan to have any kind of power is a fucking joke.


  • Registered Users, Registered Users 2 Posts: 235 ✭✭everyday taxi


    ejmaztec wrote: »
    I'm going to get in the "Uprising Queue" at my local post office.

    yeh, those queue's are very long now. armies full of pussies the irish.


  • Registered Users, Registered Users 2 Posts: 24,229 ✭✭✭✭ejmaztec


    kraggy wrote: »
    I've already pointed out that the directors in place are not the ones who were there before. Not one of the original board are still there.

    I know that their predecessors have been turfed out, I'm just a cynic.


  • Registered Users, Registered Users 2 Posts: 8,476 ✭✭✭Riddle101


    Oh if I got hold of a Nuclear Bomb:mad: but I don't have the means to attain one so all I can do is just do the usual, rabble rabble rabble f*cking Government, rabble rabble rabble, Anglo Irish, rabble rabble rabble.


  • Registered Users, Registered Users 2 Posts: 27,564 ✭✭✭✭steddyeddy


    In the words of ghandi

    first you talk, then they ignore you, then you fight and then you win

    Its allowed to happen because again and again the same sh1t happens and the only oppisition to it is people saying "this is not acceptable"


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  • Registered Users, Registered Users 2 Posts: 241 ✭✭MrSir


    The situation called for it.



  • Registered Users, Registered Users 2 Posts: 37,316 ✭✭✭✭the_syco


    Terry wrote: »
    You didn't listen, so please acknowledge it.
    Listen to who? Seriously. Since when has a protest done jack sh|t regarding how badly our government is run. Unless you did a coup, started your own government by force, made strikes illegal, and halved SW, I can't see else the current problem could have been averted.


  • Closed Accounts Posts: 1,620 ✭✭✭sligopark


    Biggins wrote: »
    True.

    I attended "The Plough and the Stars" last night in the Abbey Theatre and it was a reminder of just how far we have become too complacent at those who are only out to feather their own nest and abuse the trust of the public.

    Greater men dead than those alive today, had protested and fought for less and in the end gave birth to the state we live in today.

    Those dead men now would be rotting in their graves with horror to see who far we have fallen by the way-side in keeping up their spirit of fighting injustices.

    totally agreed here Biggins


    CiaranMT wrote: »
    It's allowed to happen cos we allow it to happen.
    ejmaztec wrote: »
    I'm going to get in the "Uprising Queue" at my local post office.


    We are apathetic cowards the lot of us

    would love a revolution beginning with bombing wankster hse, bank offices and a selected few politicans getting proper scares


  • Banned (with Prison Access) Posts: 4,290 ✭✭✭mickydoomsux


    They reason this kind of thing is allowed to happen is because they don't care what any of us think.

    They are the ruling class and they are a law unto themselves. Nothing we can say or do will ever effect them because they run everything. It's been this way since the establishment of this state.


  • Registered Users, Registered Users 2 Posts: 3,404 ✭✭✭Lone Stone


    my disabled mother wheelchair bound basicly down to one hand lost her mobility allowence (once a month payment of 140 euro) today because to get out of the house she does a few hours in a cab office on the phones gets 50 euro , aparently earning 50 a week on the books legit not scaming money , they said she didnt pass the means test ..........because she earns 50 euro a week....

    i hate this country i now want to burn it to the ground.


  • Banned (with Prison Access) Posts: 4,290 ✭✭✭mickydoomsux


    Lone Stone wrote: »
    my disabled mother wheelchair bound basicly down to one hand lost her mobility allowence (once a month payment of 140 euro) today because to get out of the house she does a few hours in a cab office on the phones gets 50 euro , aparently earning 50 a week on the books legit not scaming money , they said she didnt pass the means test ..........because she earns 50 euro a week....

    i hate this country i now want to burn it to the ground.

    She would have been better off to stay at home and not lift a finger to do anything like the tens of thousands of spongers who've been doing it for years but i'm sure, like a lot of people, she'd like to actually go out and be useful to society. Sorry to hear she wasn't allowed to by a fundamentally broken system.

    The day you get a job in this country is the day you become a fool.


  • Closed Accounts Posts: 36,634 ✭✭✭✭Ruu_Old


    Keep on bending over chums. :)


  • Registered Users, Registered Users 2 Posts: 4,257 ✭✭✭SoupyNorman


    Ruu wrote: »
    Keep on bending over chums. :)



    That and no lube either.


  • Registered Users, Registered Users 2 Posts: 25,243 ✭✭✭✭Jesus Wept


    I called for a revolution in 2007 in the lead upto this **** storm.

    Yiz are all talk!


  • Registered Users, Registered Users 2 Posts: 6,920 ✭✭✭Einhard


    Dean0088 wrote: »
    Because, in the words of the Greeks, we're "cowards" who wont oust these pricks from government.

    Yeah because look what those brave Greeks achieved- new government, cancellation of their debts, abandonment of public service cuts.

    Oh wait...


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