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Thread: #VINB Wed 24/4/2013: Gov abstaining from Boucher's package

  1. #1
    Politics.ie Member Norman Bates's Avatar
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    Default #VINB Wed 24/4/2013: Gov abstaining from Boucher's package


    Joe Higgins, Soc Party TD Dublin West Joe Higgins - Wikipedia, the free encyclopedia
    Brendan Burgess, askaboutmoney.com Brendan Burgess.ie | Personal site of Brendan Burgess

    Taoisech Enda Kenny has warned bank chiefs to expect “substantial and significant” pay cuts in the coming weeks.
    He told the Dáil today that Finance Minister Noonan expects pay cuts from bank executives – including Bank of Ireland chief Richie Boucher – in the coming weeks. Enda said Michael Noonan, as a 15% shareholder in BoI, abstained from voting on Boucher’s pay at the bank's AGM today pending “substantial and significant” anticipated pay cuts from bank executives.

    But, as expected, shareholders at the bank voted overwhelmingly in favour of Boucher’s €843,000 a year pay deal as well as pay deals for other board members. More than 99% of shareholders who cast their ballots endorsed pay packages.

    All of the motions put to Bank of Ireland shareholders, including backing directors in their board seats were carried by big margins. At the meeting, Richie Boucher was told “F… you” by an angry shareholder.

    Well, let Joe talk you you tonight. Oh!, I hear his words already: capitalist bankers screwing everyone …. blah!, blah! blah! … we need a socialist system. The show mightn’t do much to help us understand Boucher’s massive package, but we just might feel a bit better when Joe goes on the attack! I’m expecting a good rousing show tonight …

    Richie Boucher - some saint?

    Richie Boucher - Wikipedia, the free encyclopedia
    Newstalk - Government will not vote against Richie Boucher pay package
    Enda Kenny warns bank bosses to expect
    Noonan won't vote on Boucher pay until cuts are made - Independent.ie
    Hayes: I wouldn't pay Boucher

    Bank of Ireland reports progress on recovery - RTÉ News
    Predictions of ECB rate cut grow as growth fades - RTÉ News


    http://www.politics.ie/forum/economy...910000kpa.html
    http://www.politics.ie/forum/economy...l-boucher.html
    http://www.politics.ie/forum/economy...d-stake-i.html
    http://www.politics.ie/forum/economy...relations.html
    http://www.politics.ie/forum/economy...7m-payout.html
    http://www.politics.ie/forum/economy...rates-4-a.html

    22:28: Fionnan Sheahan joining us tonight as well for latest on proposed abortion legislation. https://twitter.com/fionnansheahan

    Paper preview:
    Louise Bayliss, SPARK campaign member https://twitter.com/Louiseinflight
    Kingsley Atkins, Diaspora consulting https://twitter.com/kingsleyaikins Not on show

    Previous #VINB: http://www.politics.ie/forum/backsta...-park-2-a.html

    Online: Aertv | Watch Irish TV live online Or tv3 catch-up through: Catch-up TV, Entertainment, News, Sport, Soaps and all your favourite Irish and International shows from TV3
    Last edited by Norman Bates; 25th April 2013 at 12:49 AM. Reason: updating

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    Politics.ie Member Dublin 4's Avatar
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    Thanks Norm!

  3. #3
    MrFunkyZombaloo
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    Nice to know there's an anti-Joe Higgins slant to the thread already.

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    Politics.ie Member Socratus O' Pericles's Avatar
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    Brendan Burgess & Joe Higgins eh? I'm going to suggest an early night to Mrs. O' P.
    The truth of an idea is not a stagnant property inherent in it. Truth happens to an idea. It becomes true, is made true by events.

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    Politics.ie Member
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    Of course Vinnie ignores the complicity of the Oirish Times in the property bubble. That Diaspora guy's twitter feed looks like it was cracked.
    Regards...jmcc

  6. #6
    MrFunkyZombaloo
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    Quote Originally Posted by Socratus O' Pericles View Post
    Brendan Burgess & Joe Higgins eh? I'm going to suggest an early night to Mrs. O' P.
    Sound advice I reckon.

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    Politics.ie Member jpc's Avatar
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    I want to hear "Craven expediency"
    at least once
    Its only a chat, we ain't the world council.

  8. #8
    Politics.ie Member Mountaintop's Avatar
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    This could be a doozie!!....Government clearly in the wrong....Joe will be in his element....
    "nobody understands the peephole!!"...

    trojan work as always Norm.

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    Is Burgess the guy who advised people to "fill your boots" with bank shares just before the banks imploded?
    Regards...jmcc

  10. #10
    Politics.ie Member Socratus O' Pericles's Avatar
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    Quote Originally Posted by MrFunkyZombaloo View Post
    Sound advice I reckon.
    It's only going to be a suggestion. Advice is a different thing in these here parts
    The truth of an idea is not a stagnant property inherent in it. Truth happens to an idea. It becomes true, is made true by events.

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