Essentially in 2017 the CEO of TC, Peter Fankhauser [Swiss] received a £750,000 bonus of which £500,000 was in cash.
www.bbc.com/news/business-50053594
Now a cross party committee of MPs is conducting an investigation, what with them being experts in business and all, to decide what happened.
One of their questions was to ask if the CEO would return this bonus from 2 years ago. [he hasn't received a bonus since] Apparently it is to repay that marvelous group "the taxpayers".
Even if the man was incompetent, he had a contract and that bonus was in line with his performance and his contract. If it now seems his contract was not appropriate, then how about going after the people that agreed it -> the shareholders. How about also going after the people who appointed him? -> the shareholders.
However, I think that if the MPs stopped being hypocritical t***s playing to the media and set a precedent by returning their payments for years where the country didn't do well, then perhaps the CEO should consider doing the same.
Surely this can't be MPs just saying what other people should do and seeing themselves exempt from such duties?
Fidiots.
What about the Hedge Funds who made an absolute b***** fortune out of the collapse of TC by shorting the company massively? Will our glorious MPs go after them next?
Last edited by: No FM2R on Tue 15 Oct 19 at 15:30
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