Barclays Gives Shares to Top Brass

It feels like I am always talking about the rich executives of Barclays. Well, maybe because there are so many of them. Barlcays created an incentive plan which gave nine top Barclays executives about $60.8 million. 

Barclays had made claims about adopting a stricter salary and pay for their employees and even one executive has spoken about not taking a bonus after a rough year Barclays has been through. Even after all their claims of not taking more money, this plan will only create doubt in the public’s mind.

These rich executives of Barclays have so much money that they are willing to turn down bonuses. Hopefully one day I will know what that feeling is like to turn down millions and millions of dollars. 

-Derby Ng

http://online.wsj.com/article/SB10001424127887324103504578372474224564236.html?mod=WSJ_mgmt_LeftTopNews

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