Peter Reynolds

The life and times of Peter Reynolds

Banker Robber Gets Away With £4 Million

with 5 comments

Stop Thief!

Eric Daniels, chief executive of Lloyds, 41% owned by the taxpayer, is to be given a £2 million cash bonus and receive a further £2 million in shares.

This is nothing short of robbery.   No one is entitled to earn that amount of money when the survival of their business has been contingent on taxpayer support.  Any incentive scheme or agreement which tries to permit such payments is itself fraudulent.  If Daniels takes this money he should be arrested, his assets frozen and he should face trial for conspiracy and deception.

The man is a rogue and a charlatan.  Nothing he has done is of any real value and even by the corrupt and perverse standards of the banking system, he is a failure.  He is entitled to no credit at all for the recovery of Lloyds.

He is another banker robber.  No different from a bank robber.   He pilfers old people’s savings and cheats hardworking businessmen.  Let’s lock him up before he gets away with it!

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Written by Peter Reynolds

January 12, 2011 at 11:34 pm

5 Responses

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  1. Big Question. Has the tax payer got their money back or has he made profits for the tax payer? If so then his bonus would be okay. If not, then No!

    End of the day, again, those who complain can all forego their bank accounts if they have the courage of their convictions.

    Do they?

    david

    January 13, 2011 at 5:39 pm

  2. Peter, I think this is your kinda pussy?

    Is this what eating Grass does for you?

    I’M IN!

    david

    January 13, 2011 at 8:00 pm

  3. He should be made to put at least £1 Million in to a trust fund to help all the branch staff which he has deprived of an income as a result of his “cuts to ensure the future of the company”.

    And therefore if he is so worried by the future of the company, perhaps he should give the money back as “an act of good faith”.

    But then he is probably faithless anyway.

    Finally, it would be appropriate if he refunded £2Million of the extortionate charges which he has taken from customers.

    Ex-Banker

    January 13, 2011 at 9:56 pm

  4. Bankers. The associated rhyming term has been vested for decades. But why? “Because they earn more than me!” Probably correct, but only partially. On the whole, they earn a gargantuan amount more than you, have attractive ‘newsreader’ types on their arm weighed by a diamond ring the size of a fist and drive an Aston Martin to their weekend retreat in Monaco. You see, they are nothing like you and so how much more they earn in pounds and pence is irrelevant. They are transcendent in the national conscience. Your paths have only crossed because your Government, rightly some would propose, invested in banking stock to ‘save’ us from financial Armageddon.
    The key term here is ‘invested’. We did not buy the financial sector; we bought a stake in that industry. And in order to gain a healthy return on that investment, ‘our’ banks must succeed in their industry, playing by their rules, employing the best and bear the costs of doing so. The only thing we will achieve from our flagellation of the banking industry in this country is making those, ‘our’, banks less competitive, making the returns on our investment slimmer. If we get good returns on our investment, the Government could retain free bus passes for the rich elders of our land and maybe, at a push, extra money for heating the homes of the poorest to stop them dying in the winter. Those earning over £40,000 could again have the same Child Benefit as those on the doll and students with rich parents could again go to university free. So, you see, the bankers must have their grotesque bonuses or the monopoly of the rich would be scratched and the socialists would perceive a mandate to means-test our remaining aspirations away.

    Brian

    January 15, 2011 at 3:34 pm

    • The “associated rhyming term” is the truth, the whole truth and nothing but the truth!

      Peter Reynolds

      January 15, 2011 at 3:59 pm


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