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Saturday, February 28, 2009

Lloyds Chief Executive in Line For £10 Million Payout


Mr Daniels signed a new contract last month which makes him eligible for cash and share bonuses worth up to £8.27 million in 2009 - on top of his £1.035 million basic salary.

Lloyds claimed last night that the Treasury had been "consulted" over the deal sparking accusations that Alistair Darling is failing in his pledge to rein in banking bonuses. The new pay package will be announced in the bank's annual report to be published next month.
When will you realise that the money grabbing batards will not stop ripping you the tax payer off till you get off your arse and do something - Peacefully!

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