Barclays call on people to celebrate ‘remarkable’ comeback
The president of Barclays called on ¬people to celebrate the bank’s “remarkable” financial comeback today, striking a defiant tone in the face of questions over a new plan to pay £2.2bn in bonuses.
Announcing record 2009 profits of £11.6bn, Bob Diamond shrugged off charges that the British bank’s performance relied heavily on government support for the financial system and asked why there was “edge” to questions about pay. Jill Treanor, The Guardian.
One question for banker Diamondwhy would I want to celebrate the naked greed that is Barclays?