STOP THIEVES! £9 Million Banker Robbers
HSBC’s new chief executive Stuart Gulliver has been awarded a £5.2 million bonus for 2010 on top of his £1 million salary. His predecessor, Michael Geoghegan, gets a £3.8 million bonus on top of a £2 million salary.
It will be little comfort to the taxpayers of Britain that Douglas Flint, HSBC’s chairman, said the group would “not forget” the financial crisis and support from governments around the world, and that they entered 2011 “with humility”. These are crocodile tears of the most insincere and deceitful kind.