Showing posts with label Lord Myners. Show all posts
Showing posts with label Lord Myners. Show all posts

Friday, 5 November 2010

THE BANK CHAIRMAN WHO WILL BE PAID HALF A MILLION TO DO NOTHING... AND DAVE'S STYLE GURU IS NOW A CIVIL SERVANT


WHAT A STRANGE PLACE WE LIVE IN


It’s almost ... no not almost, it IS unbelievable.

Gary Hoffman (right), who was brought in by the government to run the Northern Rock Bank, is leaving to set up a new bank, and, although he leaves with immediate effect, he will have the next six months on “garden leave” at taxpayers’ expense.

The man is paid £83,000 A MONTH!

Not only that but he will continue to enjoy all the benefits of his job whilst sitting with his feet up waiting for May 1, when he starts his new job:

He will earn £350,000 in that time; additionally he will accrue £140,000 in pension contributions and he will continue to enjoy his company car and free fuel worth an estimated £6,000.

It’s all down to a clause in his contract, drawn up, you would have thought, at the very highest level, when he was appointed by the government (which own the bank on our behalf). So maybe the Noble Lord Myners (left), who was advising the then government on this matter, had a hand in it. After all it was he who agreed the termination contract of Fred the Shred. (When I say termination contract, I don’t of course mean.... well, you know that, Right?) But Fred went away a very happy man, you’ll recall, his pockets bulging with cash and a beaming smile on his greedy little coupon.

So what kind of contract exactly contains a clause that says: “If I leave of my own free will to go and do something that I want to do, I will be paid my full salary and my other benefits for 6 months”? One drawn up by a moron. That’s what kind of contract! So even if it wasn’t Myners, there are plenty of others to choose from on the last government’s financial benches.

And on the same day I hear that Mr Cameron has transferred his style consultant, presumably previously paid for by the Tory Party, to the Civil Service, thus saving the Tories an nice packet of money. "Brand Dave", it seems will continue to be overseen by Anna-Marren Ashford, but we’ll pay her to do it. And there’s more. She will be joined by Andy Parsons, Mr Cameron’s personal photographer, if you please. Personal photographer Dave....? Ewww get you sweetie!!

But it’s good to know that after just a few days of George Osborne’s new tighter financial controls we have saved enough money to put all of Team Dave’s personal flunkies on the state’s payroll.

How many useful people did we sack to afford that?

I don’t know what your game is Cameron, but it seems that you’ve forgotten that when we said that we were all in it together, that was supposed to mean you too. Why not? You've forgotten everything else you promised.