Fredbargate

Former HBOS chief executive James Crosby has asked British authorities to remove his knighthood and will forego 30% of his pension after being criticised for his role in the collapse of the once-mighty bank.

He is going to find it very hard to manage on £406,000 per year

Lynn R

Better than nothing, I suppose. He's the only one of that unholy trinity who has shown one ounce of decency - isn't it ironic that Andy Hornby is now said to be doing a good job in his new role at Coral? We might all be better off if he'd been working for a gambling concern all along - oh sorry he was, they were just pretending it was a bank!

notacontrathinker

Speaking of fat cats.


Christine Blower NUT £142,363
Brendan Barber TUC £139,634
Len McCluskey Unite the Union £122,434
Bob Crow RMT £121,687
Paul Kenny GMB £121,000
Billy Hayes CWU £119,790
Mark Serwotka PCSU £116,429
Matthew Wrack FBU £115,724
Dr Hamish Meldrum BMA £115,188
Dave Prentis UNISON £108,516
Keith Norman and Mick Whelan ASLEF £176,417

Tax-payer subsidised.

http://www.taxpayersalliance.com/turichlist2012.pdf

Domino

ISTR that is £ in salary, but there are other things - such as company car usually with chauffeur, some also have a car for private use, and of course the subsidised company house.

When you see them walking around in expensive suits and hardly ever meeting the people who pay their salaries it shows that there is some truth in the old saying
"The working class can kiss my a**e I have the foreman's job at last"

look at all the fuss there has been about Prescottt and his houses and Scargill.

As to bankers - just look at the list of their directorships, they are all buddies in the same money pot provided by US, without us having any say in the matter.

Lynn R

Just to put these figures in perspective,

http://www.telegraph.co.uk/health/he...s-figures.html
http://www.dailymail.co.uk/news/arti...ed-shamed.html

Perhaps to your great surprise, trade union members do not expect the heads of their organisation to work for peanuts. I worked for one of the unions you have listed (and one of its predecessors) for 20 years. During that time, we had one very left wing activist who stood for election several times as General Secretary against the incumbent (who is still in office as the members have voted for him to continue) on a platform that included a pledge that he would take no more than his current social worker's salary. The members didn't want to know.

jonboy

The OP posted in relation to a yearly pension payout, not a yearly wage which you have posted. Not quite the same thing I think.

notacontrathinker

Agreed. No such comparison was intended.

OP posted in the sense of "fat cats", Lynn R. a committed trade unionist responded with her usual attack on high paid people. I merely reminded her and others of the high salaries paid to trade union leaders.

It's been a lovely day outside and I've been working in the garden, and have not had a chance to reply in full to Lynn R.

Lynn R

I don't think you can have actually read my response - in no way did I attack highly paid people. I just pointed out that people with difficult and responsible jobs (like GPs and head teachers, the two examples I cited) tend to receive high pay - lots of them, in fact, according to the articles I linked to, earn considerably more than the trade union leaders you listed. Unlike GPs, trade union leaders are required to do lots of "out of hours" work, and unlike head teachers they do not get 13 weeks' holiday per year.

I'm sure if you researched the salaries of the heads of professional bodies like the BMA, or of employers' organisations, you would find salaries at much the same level.

Domino

Lynn, salaries are always an emotive subject - look at the recent court case covering females in Birmingham (?) who have been given parity with males !!
(and I am in total agreement with the judgement)

But when looking at the head of the BMA s/he is a qualified doctor/surgeon paid a salary from subscriptions paid by people who can afford it.
Many union members are in low paid jobs, no overtime, perhaps holding down more than one job.

When as a union member I contacted my local office for support in a salary dispute the local guy wanted to know how many others were in the same position. When I said only me that I knew of he almost put the phone down, recovered and said he would need to look into it further. Despite my phoning I never got any further contact.
They didnt ask me why I cancelled my membership either.

Lynn R

It seems the shareholders are less than happy with young Mr Hornby hanging on to his pension (built up during just 8 years' service, how's that for gold plated?), not just committed trade unionists like me:-



http://www.dailymail.co.uk/news/arti...scue-HBOS.html

notacontrathinker

I don’t know how you can sit in your Spanish villa on a union pension mouthing off at everyone with a big salary or pension, knowing you have not contributed in any way whatsoever to earning Britain a single penny. Instead you and you trade union mates have destroyed or handicapped British industry wherever you could. At least these men attempted to bring money into the country. They failed, and now you sit there having a good smirk. The ones that do get it right, bring in much needed billions. Where on earth do you trade unionists think money for hospitals and schools and trade unionists comes from ?

It was the unions that destroyed the British coal industry by making the pit-head prices so high it was a wonder women weren’t wearing coal as jewellery. The shipbuilding unions put themselves out of a job, because whilst in the time the Koreans could build ten ships, the unions couldn’t agree amongst themselves who was going to paint the sharp end (“There will be No bevying !”) . The thieving dockers were undone by their unions who didn’t think it was possible to move a port and it’s work. The newspaper unions again were left stranded when the newspaper industry just upped and moved, and the car industry communists just handed the lot to the Germans.

Now as a last throw of the dice, it’s the financial industry that needs to be destroyed.

The one that has avoided the destructive fingers of the unions for so long. For the last century, the marxists, communists, socialists, Labour, call them what you like, has screamed and schemed for nationalisation of the banks, and when Gordon Brown engineers the back door nationalisation of two of them, it’s suddenly “a tax-payers bail-out” and a “tax-payer burden”. Wait till the banks are put back into private domain, at a profit, when the stock cry from the looney left will be “sold to their friends in the City too cheap”. Count on it.

Like one of Pavlov’s dogs, you have done nothing but spout this garbage and all the party lies every time the word “banker” is used in a thread. “Gambling with our money” spat out even though the HBOS inquiry exposed your vicious little lie. The old communist party trick – repeat it enough times and it becomes true.

Suddenly when it is pointed out that union leaders are coining it, “The members don’t want them to work for peanuts”. Suddenly you’ve discovered shareholders who also don’t want their CEO’s working for peanuts either. The shareholders are the only ones who can determine what to do with ex-ceo’s pension not sniggering little trade unionists like you.

On another thread you sneered “Britain is became over-dependent on financial services” because of Mrs Thatcher. A more idiotic statement I have never heard. Even from a trade unionist. That’s like saying a household is over-dependent on an incoming wage. The unions have destroyed the rest.

The union leaders are plotting a general strike on tax-payers money soon would you believe ? It’s going to cost the country billions and it’s going to change the coalitions policy.

And it will get the union leaders names in the paper.

What do you stand for Lynn ?

Arther Scargill ? “Not one of ours, Guv’”.

Tony Blair and Gordon Brown ? “Not socialists, Guv’”.

Paid union leaders ? “Didn’t pay ours, Guv’”.

“Bankers, eh Guv’? Nudge nudge wink wink”.

Lynn R

I don't live in a villa and I won't have a trade union pension for more than 3 years yet (or any other kind of pension).

The Lloyds shareholders seem more inclined to my view than they do to yours.

I attack the information and views you put forward - not you personally.

Mitzyboy

Please do not make assumptions about peoples circumstances or attack them personally on here, as you have no idea of their actual circumstances

notacontrathinker

I'm so glad you agree with me, Mitzyboy.

Mitzyboy

Agree with you? No .... I didnt.