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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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