Labour forcing a vote on Hester’s bonus in the next Opposition debate. Pathetic populist bullshit or what? But, with this announcement, it became inevitable that Hester could not therefore take his bonus.
The impacts:
1. Hester is now the worst paid bank CEO in Europe and will be poached within weeks/months for a job paying him 4 times as much.
2. This will now become an annual blood sport for RBS CEOs.
3. We will struggle to find a good enough candidate to fill his shoes.
4. This silliness will have zero impact on other banks.
5. As ever, the 'politics of jealousy' caravan will rumble on.
The impacts:
1. Hester is now the worst paid bank CEO in Europe and will be poached within weeks/months for a job paying him 4 times as much.
2. This will now become an annual blood sport for RBS CEOs.
3. We will struggle to find a good enough candidate to fill his shoes.
4. This silliness will have zero impact on other banks.
5. As ever, the 'politics of jealousy' caravan will rumble on.
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