Discuss British Gas MD to get 10 million pound golden handshake! in the Plumbing Jobs | The Job-board area at PlumbersForums.net
He's not walking away with a package worth £10m.
Lets just take one part of his package, his options. He will have been granted options at various times during his tenure at BG. These options have a vesting timeline and a strike price (the price he buys them at). Say he had 100 options at a strike price of 40p. That means each of his shares are worth 60p of profit to him once he's purchased them. So to say his package includes the price he has to pay for them is simple wrong and intentionally misleading. Many people will read that headline and believe it. It isn't true.
I'm just glad they didn't publish the £300.00 pay off I received when we went our separate ways. The back lash I would have got from that is un thinkable lol.
Pointing out lies isn't nit picking though.
I don't agree with bankers taking huge bonuses but the misrepresentation of facts is what they did and the journo is doing the same thing.
I'm 100% with you on the fact cats thing but I have a problem with the style of the article. The headline is simply untrue.
manufacturing was hardly a success in the 1970's. It was in fact trashed long before Thatcher
British industry was trashed by nationalisation. Something the German's, Japanese and American's never did to theirs. That was my point. Hate Thatcher as much as you want, I do. I hate all of them . But pretending that we were any better off before her is simply not true. And pretending that all those problems listed are some how down to the evil Thatcher is just plain wrong. It makes life easier to blame her for lots of people because it takes the focus off the faults of others. Remember what they called us in the 1970's? The sick man of Europe, we even had rolling power cuts, you had to wait for months just to get a phone line. At one point the dead were not even getting buried. So yea Thatcher I'm sure did lots wrong, but she was no worse than those that went before or after her. And better than some
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