We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Poor Hester...

1235

Comments

  • tommyp
    tommyp Posts: 15 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Graham_Devon wrote: »
    Just saying what I read :undecided

    Unfortunately that's the problem. Bad publicity sells papers. I'm not sure the banks would be on the front page when recording massive profits, whilst contributing huge sums of tax to the Government?

    But your point is valid nonetheless... he lied and he's a banker.
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    tommyp wrote: »
    'm not sure the banks would be on the front page when recording massive profits, whilst contributing huge sums of tax to the Government?

    That would be anovelty even in the good times they managed to avoid lots of it.

    http://www.bbc.co.uk/news/business-17181213

    http://www.bbc.co.uk/news/business-12511912
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    tommyp wrote: »
    But your point is valid nonetheless... he lied and he's a banker.

    What's he lied about?

    Would you prefer RBS go to the wall and the taxpayer pick up the tab?
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    Thrugelmir wrote: »
    What's he lied about?

    Would you prefer RBS go to the wall and the taxpayer pick up the tab?


    You make the seem to accept that only Hester could do the job and only by paying this level of reward package.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    Whens there is 1tn to manage its not his wages that are the problem, its his actual skill. Question that and yea he should be gone but otherwise he seems to steering a steady course, problem is interference with captain of a ship is counter productive. Last thing we want is a back seat driver effect, it might look good to attack heads of company but it should be on actual poor actions
  • tommyp
    tommyp Posts: 15 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    grizzly1911 wrote: »
    That would be anovelty even in the good times they managed to avoid lots of it.

    We are on the topic of RBS, not Barclays.

    Any business will use legal loopholes to reduce tax liability, that's just common sense.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    tommyp wrote: »

    Any business will use legal loopholes to reduce tax liability, that's just common sense.

    So do individuals. ;)

    At all levels of income.
  • tommyp
    tommyp Posts: 15 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Thrugelmir wrote: »
    What's he lied about?

    Would you prefer RBS go to the wall and the taxpayer pick up the tab?

    he said he wouldnt take a bonus in view of the swaps and libor issues but looks like he will. I dont blame him, i would.

    and no certainly not being a shareholder. Talks from the Lib Dems of nationalising the group is madness and impatience.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    tommyp wrote: »
    he said he wouldnt take a bonus in view of the swaps and libor issues but looks like he will. I dont blame him, i would.

    What source says he will?
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    and no certainly not being a shareholder. Talks from the Lib Dems of nationalising the group is madness and impatience.

    RBS is nationalised in all but name.
    We own so much we are refusing the accept the final part because it would in theory cause them to be delisted as publicly traded company which in turn causes concerns for UK debt liability on RBS 'assets'

    Libs were only trying to make this obvious which unfortunately is not for the best, everyone on this forum owns a share of RBS profits and losses whether you like it or not
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture