£55,000 per month for being s~~~…

Good grief! 55,000 a month? That’s an average yearly salary! Who are these people?? A university degree is not worth that kind of money! And this guy can’t be that talented! This system is so corrupt, so disgusting. In the mean time if you or I had a beer with lunch we can be fired immediately!

It’sallbs wrote:

Well they claim the average gross salary in the UK is approximately £26,000 and most people are on much less than that.

The Blair regime came up with the figure of £26,000 in an attempt to promote the ‘feelgood factor’. I would guess that the real figure is around £13,000.

The only reason there was not a tax payer funded bailout is because they are not a bank.

They have already admitted that the taxpayer will probably pick up the tab for the pension fund.

They are saying that there will be no bailout, but I suspect that there will be, this time through the back door.

They dare not do it openly as there is still too much anger over the banks, and the governments position is too precarious.

I’m guessing that it will be one or more overseas based ‘investment angels’ who suddenly have billions at their disposal.

All the big UK companies are bust. Banks, retailers, insurance, the whole lot. It’s just one vast bubble, a gigantic ponzi scheme.

DarkRyu wrote:

These big wigs in a company are NOT incompetent. The average CEO holds his or her position for only a few years nowadays. Why? Because they only get to that position in a company so they can suck the company dry. Same with the rest of the board. There’s no such thing as a stable job anymore thanks to these f~~~wads. That’s why everything is made like absolute S~~~ nowadays. Because quarterly profits that result in HUGE bonuses are the ONLY thing the board gives two s~~~s about. Who gives a s~~~ if the company loses it’s 100+ year reputation for making good quality products so long as you can get a $50,000,000 distribution in addition to your $1,500,000 salary?

^^^^^This

I’ve seen it happen. Good Quality companies get bought out by a large conglomerate. The quality goes way down and the price on the product goes way up. The difference goes straight to the CEO’s pockets.

The Good Quality company then gets discarded after all wealth has been sucked out of it. The parasite then moves onto the next host.

Meanwhile all the little people working in the industry are the ones, who suffer. Our companies get destroyed our pensions get robbed and our taxes go up. If you ask a modern Economist they will tell you this is all Healthy and Normal.

The Vampire Economy is what I call it. Ivy League CEO’s going around draining the resources out of any company still solvent enough to suck dry.