Although he did not break the law, Rody Molloy's severance package got me thinking: Sean Fitzpatrick, Patrick Neary, even Bishop Magee, will they all get cushy goodbyes? Should their doings not be a matter for the Gardai? How come they are spared the heat lesser transgressors would no doubt suffer? Is it because the establishment is a criminal fraternity and these guys know where the metaphorical bodies are hidden?
Please discuss and enlighten me because I'm obviously missing something.
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Originally Posted by Mr. Greasy Till
Its so that if there turn comes they get the same treatment!
Perhaps the people who decide wither or not they get cushy goodbyes want to make sure that if they are ever caught up to no good, they get a cushy goodbye too.
They don't want to set a president of justice in case they, one day, end up on the receiving end of it.
Probably the same reason former Hewlett-Packard CEO Carly Fiorina ballsed up the company overseeing a merger where stock prices plunged 50 percent, and 20,000 people were layed off yet walked away with a $21.4 million severance package, the board of directors no doubt worried they might need a massive golden parachute themselves in the future and if they punished her for incompetence they might be punished for theirs in the future.
So yes "x" WOULD be tolerated in the private sector, and no you don't automatically get punished for failures in the private sector either.
None of this is a matter of public or private sector, it's about how much power you have in either.
Just my theory.
Last edited by PhoenixIreland; 16th January 2009 at 08:31 PM.
Makes sense. Still don't get the tolerance of the 'holy' man though.
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The problem with management remuneration is that it is decided by...management.
Should their doings not be a matter for the Gardai?
what for they are only to control the poor and protect the rich
One would also dare to point out that fraud investigations are very expensive & complicated ... and if the matter goes to court it is a "jury of peers" who decide on it.
Juries are randomly selected from the electoral register even if there was any senior/competent people on it they often manage to cry off due to "vital work".
The defence hire big guns... the jury are out of their depth and they decide that's reasonable doubt.
What is needed for these people is a real jury of their peers.
cYp
"Yawn , am I alive yet ?"
"The wild west of European finance" ... "aided by what even members of the Irish Parliament fondly call the 'light touch' of the country's financial regulator" ... "a somewhat lackadaisical approach to documentation". Is this NY Times article from 2005 still relevant do you think?...
The New York Times > Log In
...fitting, that was published on April first 2005.
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we need to JUNK english common law
we forgot his worshipful lordship i never do it again your honour CURTIN
nice to know his pension is indexed linked
sorry you irish i will have to put up the levy
When I went to work in Dail Eireann I would see these high powered brokers and foreign gentlemen being ushered into the Library to await the newly elected cabinet to call for them. I used to call them The "Tamers of the Shrews", as it was obvious their shopping lists were being shown and the credentials of the Government were being scrutinised and used to either increase their demands(the tamers) or lessen them. As we all know its not those who are elected who run this world, but those who control the banks.
Those who are elected must be very honest and very strong to face down these Tamers. Unfortunately, the carrot is very delectable and the whip, well, it doesn't have to lash for long before the taming is complete
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