A View From Middle England - Conservative with a slight libertarian touch - For Christian charity and traditional belief - Free Enterprise NOT Covert Corporatism

Tuesday, March 27, 2007

Diamond is a bank's best friend!

Bob Diamond, head of Barclays investment banking service, whose salary is apparently £250,000 a year has earned £22 million in bonuses and cashed-in share options. Quite a difference. It dwarfed chief executive John Varley's salary and bonus package, which we are not told about by the BBC.

What I'd like to know is this? How much of the Barclays' executives' bonuses was made up from the result of the over-eager sales people at the call centres? Will we ever know? The Barclays site has gone very quiet on the Whistleblower allegations, it seems.


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