"Have you met the cretins we have in Westminster? Do you think we can be worse than that?" --- Nigel Farage
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Thursday, 20 November 2008
That Barclays bonus sacrifice in more detail
The Barclays dieectors have agreed to wave their bonuses for the year. I haven't got time to read the section on directors' remuneration in their annual report, but I guess their bonuses are based on Total Shareholder Return or outperforming the FTSE.
Looks like they weren't going to get anything anyway.
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