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No – it’s not satire. Really.

Barclays Bank has decided to clamp down on their out-of-control executive bonus and pay structure  – by paying an executive £3m to look into how to solve the problem.

The bank has hired Hector Sants as its Head of Compliance to look into the problem of high executive pay. He’ll be getting a £700,000 salary, a £1m bonus and a £1.5m incentive payment.

I’m furious.

This ridiculous self-parodying by banks and financial institutions has to stop immediately.

Otherwise how the hell are satirists ever going to be able to compete?


Related articles by Tom Pride:

Scientists Claim Tiny Sub-Atomic Traces of Ethics Discovered in Barclays

Independent Commission – excessive banking can cause blindness

Senior government adviser warns that problem banking families ‘have too many children’

Moody’s downgrades Moody’s on excessively materialistic outlook and crap forecasts

The (Real) Definition Of Standard & Poor’s Credit Ratings…..

It’s official: Homeowners can bash bankers who try to steal their homes!

Rat warning as floods flush out pests from city boardrooms

UK suffers worst double-dipstick chancellor in 50 years

Scientists Claim Tiny Sub-Atomic Traces of Ethics Discovered in Barclays

Sheffield man left with nothing after falling victim to Westminster conmen

Severe conditions alert for UK as cold front of austerity paralyses the country


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