So if people think the institutional share holders will throw their hands up in horror at this (the first of three!) bonuses, why doesn't someone "highlight" it to them. It's not difficult to find out who they are. The City has had a miserable year and 2003 isn't looking great with George W set to kick off in Iraq. So I would imagine that if the City can divert some pennies for shareholder dividends in stead of fat cat pockets they would leap at the chance. They seem to be growing less tolerant of this boardroom behaviour.
As someone said, what goes around, comes around and these payouts could back fire big style. If EZY pilots strike and the public hears that 38 managers are sharing £multi-million bonuses FOR JUST DOING THEIR JOB then I would think that the public will be on the side of the strikers. There is a growing feeling in the country against this sort of greed and injustice. Good luck to all (most) at EZY.
Happy Christmas,
A4
