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Wed Feb 13, 2013, 08:06 AM

World Austerity question

$11 million annual salary is “modest,” says bailed-out bankster Chairman

Only in the banking world could you expect to hear such nonsense as the chair of a bank suggesting that an $11 milion dollar annual salary (including bonus) is “modest.”

The Royal Bank of Scotland Chairman is trying to suggest that because other bank CEOs are paid even more, his CEO’s salary of nearly $2m a year, and potential bonus of over $9m, are “modest.”


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