DrMoriarty
Moderator
- Messages
- 5,173
...by blockading the entrance to the Bank's Headquarters.
[broken link removed]
[broken link removed]
Who is the poor fellow with the black Porsche in the middle.
BTW Micmclo, I know a couple of those managers and they were very well paid for that they did and got nice big bonuses on top of their salaries each year. A far cry from what the average AIB/BOI manager gets. The fact that many 'invested' their bonuses and/or borrowed to buy Anglo shares is another story.
I knew a large number of BOI managers who received huge bonuses , in some
equivalent to their annual salaries .
It was this system of incentivised bonuses that led to reckless risk taking and ultimately helped precipitate the banking crisis.
Eh, aren't you the person who usually bangs on about contractual agreements and unions etc? I have worked in an Irish institution and signed a contract negotiated by a trade union that gave me a 100% performance related bonus if targets were met.