Wednesday, 16 December 2009

Bonus row heats up as RBS says it must pay
Missing the point  had_it wrote Wednesday, 16 December 2009 at 10:39 am (UTC)
"under the Companies Act each director must act in the way he considers would be most likely to promote the success of RBS for the benefit of our shareholders as a whole."
     The government thinks it no longer is required to run RBS in the best interest of the shareholders, since the shareholders are now the taxpayers. Now the government can run the bank in the interest of getting elected and the taxpayer/shareholders can go hang.

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