12 November 2011

All mouth and no trousers

Think he'll actually do anything?  No, nor do I.  But let us record what he said, according to The Independent:

Reports that RBS is planning to hand out as much as half a billion pounds, despite falling profits, have sparked widespread anger, following the £950 million the bank paid in bonuses last year.
The bank's pay pool, from which salaries and bonuses are paid, is understood to stand at £1.99 billion - only marginally lower than the £2.14 billion figure from 2010 and enough to provide bonuses of around £500 million.
But Mr Cameron today told BBC Radio 2's Jeremy Vine Show: "Let's be clear, that is not the agreed figure.
"The British Government is a major shareholder in RBS. That is a proposal I have read about in the newspapers, that's not agreed.
"We have a very big influence over it. We can stop the £500 million, absolutely."

Oh yeah?  Prove it "absolutely"!



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