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


Norman Bates

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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/208054-richie-boucher-worth-every-penny-910000kpa.html
http://www.politics.ie/forum/economy/128500-lenihan-approved-1-5m-deal-boucher.html
http://www.politics.ie/forum/economy/203645-peter-mathews-warns-irish-banks-still-need-another-60bn-capitalisation-peter-mathews-calls-noonan-s-deal-sell-bank-ireland-stake-i.html
http://www.politics.ie/forum/economy/208175-bank-ireland-appoint-ex-fianna-fail-secretary-general-head-group-comms-government-relations.html
http://www.politics.ie/forum/economy/164923-senior-bank-ireland-staff-get-7m-payout.html
http://www.politics.ie/forum/economy/209811-aib-ebs-hikes-mortgage-variable-interest-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/backstage/209764-vinb-tue-23-4-2013-siptu-s-proposals-reviving-croke-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
 
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Dublin 4

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Thanks Norm! :p
 
M

MrFunkyZombaloo

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

Socratus O' Pericles

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Brendan Burgess & Joe Higgins eh? I'm going to suggest an early night to Mrs. O' P.
 

jmcc

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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.
 

jpc

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I want to hear "Craven expediency"
at least once
 

Mountaintop

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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.
 

jmcc

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

ManInTheArena

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I haven't heard the reason Noonan didn't use the governments shareholder vote to vote against Boucher's package, even if it would have been only symbolic. Seems to be it would have been a great PR stunt for the government parties. Is there some compelling reason they didn't?
 

Socratus O' Pericles

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Is Burgess the guy who advised people to "fill your boots" with bank shares just before the banks imploded?
[video=youtube;z2q7bBVAo74]http://www.youtube.com/watch?v=z2q7bBVAo74[/video]
 

daveL

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these shareholders have very short memories obviously
 

jmcc

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So why the f*ck is that Burgess character on #vinb when he got it so badly wrong? Then again that clown Power was on recently as well. If it wasn't for failures, f*cktards, quangoites and PC lobbyists, Vinnie would end up interviewing himself and some random FGer.
 

Socratus O' Pericles

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You suggest that to her every night :oops: - nothing to do with what's on the tv ... :oops:
I know,I know but I'm going to be at my cutest tonight in the hopes that:
[video=youtube;ysWzPxhiGuI]http://www.youtube.com/watch?v=ysWzPxhiGuI[/video]
 

The Owl

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Richie Boucher - some saint?
Took me ages to figure out how to isolate this brilliant picture. How do you do it Norman? You're a genius. Or I'm just thick. But doesn't that picture say it all. I'd love a copy of it, a few, and I'd plaster the Bank of Ireland in the middle of the night with them. Who'd ever think that an owl wan with a crutch could get up to such mischief. Hah!, little do they know.

Poor Joe Higgins. He's kinda stuck in a time warp. The Proletariat have moved on Joe. Nowadays you just go up to people, slap them on the back and say "I'm with you Bro, I'm with you". Works every time. I can't even say "capitalistic" nowadays without me teeth getting in the way. Release the hounds of war? Sure no one would notice Joe. We're all on our knees, again. Jim Larkin is spinning on his plynth.
 
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Norman Bates

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So why the f*ck is that Burgess character on #vinb when he got it so badly wrong? Then again that clown Power was on recently as well. If it wasn't for failures, f*cktards, quangoites and PC lobbyists, Vinnie would end up interviewing himself and some random FGer.
Well, we're all waiting for that one ... the night Vinny interviews Enda Kenny.
 
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