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Quoting the Crisis
03/02/2012
“ Public anger grew after newspapers reported plans for million-pound pay packages for senior executives at Barclays even though the bank’s share price slumped more than 30 percent last year. The Royal Bank of Scotland is to award its head of investment banking another large sum even though the bank announced thousands of job cuts. Cairn Energy, the oil explorer, attracted some criticism from investors last month for suggesting a £4.9 million, or $7.6 million, award for its chairman to incentivize him to sell some assets. „
(
Source:
Julia Werdigier in In Britain, a Rising Outcry Over Lavish Executive Pay - NYTimes.com
)
