- Jan 22, 2011
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
22:28: Fionnan Sheahan joining us tonight as well for latest on proposed abortion legislation. https://twitter.com/fionnansheahan
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/backstage/209764-vinb-tue-23-4-2013-siptu-s-proposals-reviving-croke-park-2-a.html