The Inquisitor

Banks continue to be goldmines for their directors

8th May, 2010

Anger, recriminations and controversy are now stalking every aspect of corporate and political remuneration. From top bankers’ pension top-ups, to former ministers collecting pensions while still serving as TDs, the debate about pay has become clouded, sporadic and farcical.

Public interest directors at Anglo Irish Bank, for example, earned almost four times what their counterparts at AIB earned last year.

One of the most interesting examples of the remuneration muddle came last week when...

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