Jump to content

Recommended Posts

Yeah. I?m as jealous as the next working stiff about rich buggers being so rich but you can?t blame them. Everyone has the right to makes as much money as they bloody well can.


So long as they don?t break the law. Problem is the more money you have the easier it is to bend the law. Which is another topic all together.

Link to comment
https://www.eastdulwichforum.co.uk/topic/1364-city-bonuses/#findComment-36919
Share on other sites

And there was me thinking it was the workers who helped the company towards profitability


I'm not jealous of people earning pots of money or doing well but if I managed a company like that and "earned" that much money compared to the average employee I would at least be a bit embarrased. Decision making, long hours, risk-taking - all these contribute to a succesful CEO... but so does luck.


It ill behoves any human to say I'm worth X million more than you. It happens (movie.music.football etc)but only in business do people seem to believe they are GENUINELY worth that much more. Even Beckham appears to realise it's a crazy world where footballers are adored so much and get paid stupid money

Link to comment
https://www.eastdulwichforum.co.uk/topic/1364-city-bonuses/#findComment-36921
Share on other sites

A casual perusal of private eye every fortnight reveals a depressing catalogue of CEOs who are of a detriment to their businesses, take home ridiculous numeration and still get bonuses, then take home a huge pay-off as the company gets rid of their incompetent asses.

It happens, but it doesn't make it right.

Link to comment
https://www.eastdulwichforum.co.uk/topic/1364-city-bonuses/#findComment-36930
Share on other sites

Yes, thank heavens for city bonuses. As far as I'm concerned, each city boy is worth a few hundred nurses - as his salary clearly indicates.


And good on all these rich people doing up houses to get even richer. Well done! Congratulations for being born into privilege and doing even better for yourself.

Link to comment
https://www.eastdulwichforum.co.uk/topic/1364-city-bonuses/#findComment-36933
Share on other sites

Sorry Alan, you are just downright incorrect! The kind of people we're talking about... very succesful traders, company directors, etc... these are the sort of people who have a central london townhouse during the week, and a county house for the weekends. They're not going to live in a 3 bed terrace in an averagely priced area of London.
Link to comment
https://www.eastdulwichforum.co.uk/topic/1364-city-bonuses/#findComment-36936
Share on other sites

It's not self-esteem issues Alan. I do ok. By "back yourself" do you mean I need to back up my arguments or that people need to look out for #1?


It's not an esoteric debate - the world has plenty of examples of pay-gaps both big (US) and small (Scandanavia) . Guess which ones suffer less crime and are considered more civilised places to live?


And the link between big bonuses and successfull companies isn't exactly watertight. When at Disney, Michael Eisner recieved $15mil bonus as the companies shares dropped 21% operating income decreased by 16%.


But you already know what paper I read so I doubt there is any surprise ;-)

Link to comment
https://www.eastdulwichforum.co.uk/topic/1364-city-bonuses/#findComment-36938
Share on other sites

I'm no expert on this subject.

However, someone in my circle of friends is one of those 4200. He explained to me that (in essence) what his company does, is to buy up other companies, and if they don't make enough dough - or even if they do - asset strip them and sell them off for a huge profit - from which those at the top get paid huge bonuses. He was quite honest about it.


Still, as you say, he earned the money for the company, so he deserves it.


(Ps - he doesn't live in ED. Get real.)

Link to comment
https://www.eastdulwichforum.co.uk/topic/1364-city-bonuses/#findComment-36945
Share on other sites

lol


That is partly the problem tho isn't it - most American's people don't live in NY or anywhere like it. And I would rather live in Stockholm than Columbus Ohio any ole day


I don't think the fabric of NY would change THAT much if things were a bit more evenly spread (the gap between CEOs and average workers is 20 times greater in the US than it was in 1965 according to the International Herald Tribune - and I don't recall the US being a hotbed of soc-ialism* back then either)


* been a while since the ci-a-lis word stopped a post

Link to comment
https://www.eastdulwichforum.co.uk/topic/1364-city-bonuses/#findComment-36946
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Latest Discussions

    • Per Cllr McAsh, as quoted above: “We are currently updating our Enforcement Policy and changes will allow for the issuing of civil penalties ranging from £175 to £300 for visible smoke emissions, replacing the previous reliance on criminal prosecution. " Is anyone au fait with the Clean Air Act 1993, and  particularly with the state of 'Smoke Control' law and practice generally?  I've just been looking  through some of it for the first time and, afaics, the civil penalties mentioned  were introduced into the Clean Air Act, at Schedule 1A, in May 2022.  So it seems that, in this particular,  it's a matter of the enforcement policy trailing well behind the legislation.  I'm not criticising that at all, but am curious.  
    • Here's the part of march46's linked-to Southwark News article pertaining to Southwark Council. "Southwark Council were also contacted for a response. "Councillor James McAsh, Cabinet Member for Clean Air, Streets & Waste said: “One of Southwark’s key priorities is to create a healthy environment for our residents. “To achieve this we closely monitor legislation and measures that influence air pollution – our entire borough apart from inland waterways is designated as a Smoke Control Area, and we also offer substantial provision for electric vehicles to promote alternative fuel travel options and our Streets for People strategy. “We as a council support the work of Mums for Lungs and recognise the health and environmental impacts of domestic solid fuel burning, particularly from wood-burning appliances. “We are currently updating our Enforcement Policy and changes will allow for the issuing of civil penalties ranging from £175 to £300 for visible smoke emissions, replacing the previous reliance on criminal prosecution.  “This work is being undertaken in collaboration with other London boroughs as part of the pan-London Wood Burning Project, which aims to harmonise enforcement approaches and share best practice across the capital.” ETA: And here's a post I made a few years ago, with tangential relevance.  https://www.eastdulwichforum.co.uk/topic/278140-early-morning-drone-flying/?do=findComment&comment=1493274  
    • The solicitor is also the Executor. Big mistake, but my Aunt was very old, and this was the Covid years and shortly after so impossible to intervene and get a couple of close relatives to do this.  She had no children so this is the nephews and nieces. He is a single practitioner, and most at his age would have long since retired - there is a question over his competence Two letters have already gone essentially complaining - batted off and 'amusingly' one put the blame on us. There are five on our side, all speaking to each other, and ideally would work as a single point of contact.  But he has said that this is not allowed - we've all given approval to act on each others behalf. There are five on her late husband's side, who have not engaged with us despite the suggestion to work as a team, There is one other, who get's the lion's share, the typicical 'friend', but we are long since challenging the will. I would like to put another complaint together that he has not used modern collective communication (I expect that he is incapable) which had seriously delayed the execution of the will.   I know many in their 80s very adept with smart phones so that is not an ageist comment. The house has deteriorated very badly, with cold, damp and a serious leak.  PM me if you want to see the dreadful condition that it is now in. I would also question why if the five of us are happy to work together why all of us need to confirm in writing.             The house was lived in until Feb 23, and has been allowed to get like this.
    • Isn’t a five yearly electricity safety certificate one of the things the landlord must give for a legal tenancy?
Home
Events
Sign In

Sign In



Or sign in with one of these services

Search
×
    Search In
×
×
  • Create New...