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Old 20th May 2008, 14:25
  #35 (permalink)  
Hand Solo
 
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PNL - if Keith meant that then he's been getting some communication lessons from Gareth Kirkwood. Telling the board you are not going to accept a bonus is to all intents and purposes the same as turning down a bonus, in which case the newspapers were essentially correct in their reporting. If he feels it necessary to apologise for the press reporting an incorrect story then it appears something is amiss. I do not know where Willies previous decision not to accept a bonus was widely reported but it was certainly not in the financial press, the mainstream broadsheets or the internal company comms as nobody I know had previously read that. I had read that Standard Life had told the board that paying Walsh a bonus would be unacceptable, which is a different thing.
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