Greed?
What's there to say about greed?
There's something grubby about it.
There's something weak & pathetic about it.
It's almost servile; a kind of inner grovelling neediness.
You make yourself the saddle in which THINGS ride.
So why are so many people so greedy?
1/-
#greed
What's there to say about greed?
There's something grubby about it.
There's something weak & pathetic about it.
It's almost servile; a kind of inner grovelling neediness.
You make yourself the saddle in which THINGS ride.
So why are so many people so greedy?
1/-
#greed
21 NOV 2019
Corporate greed:
United Utilities has the hard job of transporting water from the Lake District to Manchester.
In the last 6 months it made monopoly profits of £292m.
In the last 5 years the boss took home £12m.
Is that greedy enough for you?
2/-
#greed
Corporate greed:
United Utilities has the hard job of transporting water from the Lake District to Manchester.
In the last 6 months it made monopoly profits of £292m.
In the last 5 years the boss took home £12m.
Is that greedy enough for you?
2/-
#greed
22 NOV 2019
Corporate greed:
Severn Trent made £285m in the last 6 months. The boss was paid a salary of £2.45m.
The 9 bosses of the water companies have been paid £58m over the past 5 years.
Greedy enough for you?
https://www.theguardian.com/business/2018/jun/05/water-companies-pay-national-scandal-gmb-union-says
3/-
#greed
Corporate greed:
Severn Trent made £285m in the last 6 months. The boss was paid a salary of £2.45m.
The 9 bosses of the water companies have been paid £58m over the past 5 years.
Greedy enough for you?
https://www.theguardian.com/business/2018/jun/05/water-companies-pay-national-scandal-gmb-union-says
3/-
#greed
6 JAN 2020
Greedy bosses are only part of the story.
Once in place they appoint consultants to run the PLC.
Re-structuring facilitates a takeover & after the takeover the bosses, consultants & shareholders get even richer.
Systemic greed, anyone?
https://www.theguardian.com/business/2020/jan/06/pay-ratios-source-national-shame-high-ftse-boss
4/-
Greedy bosses are only part of the story.
Once in place they appoint consultants to run the PLC.
Re-structuring facilitates a takeover & after the takeover the bosses, consultants & shareholders get even richer.
Systemic greed, anyone?
https://www.theguardian.com/business/2020/jan/06/pay-ratios-source-national-shame-high-ftse-boss
4/-
12 FEB 2020
United Utilities, the greedy water monopoly, leaves thousands of homes without water.
Where? The Lake District!
Chief Executive was paid £2.3m last year.
https://www.bbc.co.uk/news/uk-england-cumbria-51474250
5/-
#greed
United Utilities, the greedy water monopoly, leaves thousands of homes without water.
Where? The Lake District!
Chief Executive was paid £2.3m last year.
https://www.bbc.co.uk/news/uk-england-cumbria-51474250
5/-
#greed
2 MAR 2020
Something that the BBC strangely missed:
Greg James – How greedy, stupid and unaware do you have be to accept £100k to promote Shell's green credentials?
https://www.dailymail.co.uk/news/article-8060789/Shell-pays-DJ-Greg-James-100-000-campaign-plugging-oil-companys-green-credentials.html
6/-
#greed
Something that the BBC strangely missed:
Greg James – How greedy, stupid and unaware do you have be to accept £100k to promote Shell's green credentials?
https://www.dailymail.co.uk/news/article-8060789/Shell-pays-DJ-Greg-James-100-000-campaign-plugging-oil-companys-green-credentials.html
6/-
#greed
5 MAR 2020
MORE GREED - Joint-Chairman of the Tories Ben Elliot (nephew of Camilla) is paid £340k a year by the govt to pamper wealthy foreign visitors.
Surprisingly, Elliott is an Old Etonian who backed Crooked Johnson for leader…
https://www.independent.co.uk/news/uk/politics/boris-johnson-friend-government-money-quintessentially-ben-elliot-eton-a9372941.html
7/-
#greed
MORE GREED - Joint-Chairman of the Tories Ben Elliot (nephew of Camilla) is paid £340k a year by the govt to pamper wealthy foreign visitors.
Surprisingly, Elliott is an Old Etonian who backed Crooked Johnson for leader…
https://www.independent.co.uk/news/uk/politics/boris-johnson-friend-government-money-quintessentially-ben-elliot-eton-a9372941.html
7/-
#greed
5 MAR 2020
EVEN MORE GREED – 4 more pharmaceutical companies are fined £3.4m for ripping off the NHS, illegally sharing data to keep prices high.
https://www.dailymail.co.uk/health/article-8073859/Four-drugs-fined-3-4million-cheating-NHS-paying-pushed-prices-anti-depressants.html
8/-
#greed
EVEN MORE GREED – 4 more pharmaceutical companies are fined £3.4m for ripping off the NHS, illegally sharing data to keep prices high.
https://www.dailymail.co.uk/health/article-8073859/Four-drugs-fined-3-4million-cheating-NHS-paying-pushed-prices-anti-depressants.html
8/-
#greed
12 MAR 2020
Meanwhile at Greed Central, figures are released about MPs’ pensions, taking their pay over £100k pa, not including inflated expenses, housing subsidies & support staff.
The scheme's in debt. Who’ll bail them out?
https://www.ft.com/content/1082473a-3979-11e7-ac89-b01cc67cfeec
9/-
#taxpayers
Meanwhile at Greed Central, figures are released about MPs’ pensions, taking their pay over £100k pa, not including inflated expenses, housing subsidies & support staff.
The scheme's in debt. Who’ll bail them out?
https://www.ft.com/content/1082473a-3979-11e7-ac89-b01cc67cfeec
9/-
#taxpayers
13 MAR 2020
GREED CENTRAL
A fifth of MPs have 2nd jobs, some earning large additional incomes while claiming they’re overworked and underpaid.
Rees-Mogg, already a multi-millionaire, got £165k extra in 2018.
https://fullfact.org/law/are-mps-allowed-second-jobs/
10/-
#greed
#ReesMogg
GREED CENTRAL
A fifth of MPs have 2nd jobs, some earning large additional incomes while claiming they’re overworked and underpaid.
Rees-Mogg, already a multi-millionaire, got £165k extra in 2018.
https://fullfact.org/law/are-mps-allowed-second-jobs/
10/-
#greed
#ReesMogg
13 MAR 2020
GREED CENTRAL
The US has 435 Reps for 327m population: UK has 650 MPs for 66m.
A fifth of MPs have 2nd jobs, earning an extra £27k on average.
While claiming they’re overworked they average 18.5 hours/month on 2nd jobs.
https://fullfact.org/law/are-mps-allowed-second-jobs/
11/-
#greed
GREED CENTRAL
The US has 435 Reps for 327m population: UK has 650 MPs for 66m.
A fifth of MPs have 2nd jobs, earning an extra £27k on average.
While claiming they’re overworked they average 18.5 hours/month on 2nd jobs.
https://fullfact.org/law/are-mps-allowed-second-jobs/
11/-
#greed
15 MAR 2020
Greedy billionaire Branson asks for a taxpayer £7b bail-out of his environment-destroying industry.
That's a lot of hospitals beds and respirators.
How much tax does this Caribbean resident pay?
https://news.sky.com/story/virgin-atlantic-boss-urges-boris-johnson-to-sanction-7-5bn-airline-bailout-11957708
12/-
#greed
#branson
Greedy billionaire Branson asks for a taxpayer £7b bail-out of his environment-destroying industry.
That's a lot of hospitals beds and respirators.
How much tax does this Caribbean resident pay?
https://news.sky.com/story/virgin-atlantic-boss-urges-boris-johnson-to-sanction-7-5bn-airline-bailout-11957708
12/-
#greed
#branson
15 MAR 2020
Junior doctors pay: £30k for 48 hr wk + 10 hrs unpaid after 5 yrs training.
MPs: £80k for 2 hr wk between extended lunches with sponsors & lobbyists & filling in expense forms. No training req'd.
MPs award themselves a 3.1% rise.
https://independent.co.uk/news/uk/politics/mp-pay-rise-parliament-average-basic-salary-boris-johnson-government-a9377776.html
13/-
Junior doctors pay: £30k for 48 hr wk + 10 hrs unpaid after 5 yrs training.
MPs: £80k for 2 hr wk between extended lunches with sponsors & lobbyists & filling in expense forms. No training req'd.
MPs award themselves a 3.1% rise.
https://independent.co.uk/news/uk/politics/mp-pay-rise-parliament-average-basic-salary-boris-johnson-government-a9377776.html
13/-
20 MAR 2020
Even more greed
EasyJet pays out £170m in dividends and then asks the govt for a bail-out.
Stelios took his cut – £60m…
https://www.metro.news/business-briefing-mayday-from-easyjet-boss-after-paying-out-170m/1950297/
14/-
#greed
#EasyJet
Even more greed
EasyJet pays out £170m in dividends and then asks the govt for a bail-out.
Stelios took his cut – £60m…
https://www.metro.news/business-briefing-mayday-from-easyjet-boss-after-paying-out-170m/1950297/
14/-
#greed
#EasyJet
26 MAR 2020
Us and them in Covid:
Stelios took a £60million dividend
Branson asked for bail-out
Mike Ashley doubled the price of goods
Tim Martin told his staff to work for Tescos
Hundreds of thousand volunteer help the weak & vulnerable.
https://www.thisismoney.co.uk/money/comment/article-8152735/ALEX-BRUMMER-Greedy-tycoons-let-down.html
15/-
Us and them in Covid:
Stelios took a £60million dividend
Branson asked for bail-out
Mike Ashley doubled the price of goods
Tim Martin told his staff to work for Tescos
Hundreds of thousand volunteer help the weak & vulnerable.
https://www.thisismoney.co.uk/money/comment/article-8152735/ALEX-BRUMMER-Greedy-tycoons-let-down.html
15/-
28 MAR 2020
Covid greed:
In the first lockdown greedy Brexiteer Tim Martin refused to pay his debts putting small brewers at risk…
Brighter news was that Brighthouse looked set to go bust, ending its rip-off of the poor.
https://www.thisismoney.co.uk/money/markets/article-8161097/Now-pub-chain-Wetherspoons-refuses-pay-breweries.html
16/-
#greed
#TimMartin
Covid greed:
In the first lockdown greedy Brexiteer Tim Martin refused to pay his debts putting small brewers at risk…
Brighter news was that Brighthouse looked set to go bust, ending its rip-off of the poor.
https://www.thisismoney.co.uk/money/markets/article-8161097/Now-pub-chain-Wetherspoons-refuses-pay-breweries.html
16/-
#greed
#TimMartin
31 MAR 2020
Banks plan £15bn in dividends, despite knowing the economy is about to tank.
This doesn't include banker's bonuses.
Isn't it time shareholders took a haircut?
https://www.thisismoney.co.uk/money/markets/article-8171057/UKs-biggest-banks-face-pressure-axe-dividends-help-businesses-coronavirus-crisis.html
17/-
#greedy
#bankers
Banks plan £15bn in dividends, despite knowing the economy is about to tank.
This doesn't include banker's bonuses.
Isn't it time shareholders took a haircut?
https://www.thisismoney.co.uk/money/markets/article-8171057/UKs-biggest-banks-face-pressure-axe-dividends-help-businesses-coronavirus-crisis.html
17/-
#greedy
#bankers
31 MAR 2020
Amazon's NY staff strike over lack of protection equipment, following the same in France & Italy.
The greedy company then doubles down by sacking the organiser, Christian Smalls.
Jeff Bezos is worth $120bn.
https://www.bbc.co.uk/news/business-52096273
18/-
#greed
#Bezos
#greedy
Amazon's NY staff strike over lack of protection equipment, following the same in France & Italy.
The greedy company then doubles down by sacking the organiser, Christian Smalls.
Jeff Bezos is worth $120bn.
https://www.bbc.co.uk/news/business-52096273
18/-
#greed
#Bezos
#greedy
2 APR 2020
Greedy bankers pay unaffected by virus while small businesses suffer.
Enough is enough say MPs.
Nothing expected to happen…
Lloyds Orsorio £7.53m
HSBC Quinn £9.93m
RBS Rose £4.27m
Barclays Staley £8.14m
https://www.thisismoney.co.uk/money/markets/article-8177511/Now-bonuses-bankers-told-Industry-fire-pay.html
19/-
#greed
Greedy bankers pay unaffected by virus while small businesses suffer.
Enough is enough say MPs.
Nothing expected to happen…
Lloyds Orsorio £7.53m
HSBC Quinn £9.93m
RBS Rose £4.27m
Barclays Staley £8.14m
https://www.thisismoney.co.uk/money/markets/article-8177511/Now-bonuses-bankers-told-Industry-fire-pay.html
19/-
#greed
9 APR 2020
The ‘Royal Institution of Chartered Surveyors’ requests support for the already bloated housing market....
In what world do these people exist?
No thought that our taxes could be better spent in these distressed times?
https://www.thisismoney.co.uk/money/mortgageshome/article-8200595/Rics-calls-stamp-duty-holiday-coronavirus.html
20/-
#greed
The ‘Royal Institution of Chartered Surveyors’ requests support for the already bloated housing market....
In what world do these people exist?
No thought that our taxes could be better spent in these distressed times?
https://www.thisismoney.co.uk/money/mortgageshome/article-8200595/Rics-calls-stamp-duty-holiday-coronavirus.html
20/-
#greed
11 APR 2020
More corporate greed:
This time it’s Tesco, who paid out dividends but accepted a £585m tax break.
Imagine if this had gone to PPE for health workers…
As always with this govt & their mates in big business: Wealth before Health!
https://metro.co.uk/2020/04/08/tesco-pays-900000000-investors-getting-585000000-tax-break-12526684/
21/-
More corporate greed:
This time it’s Tesco, who paid out dividends but accepted a £585m tax break.
Imagine if this had gone to PPE for health workers…
As always with this govt & their mates in big business: Wealth before Health!
https://metro.co.uk/2020/04/08/tesco-pays-900000000-investors-getting-585000000-tax-break-12526684/
21/-
21 APR 2020
Branson's state benefits
- Virgin Money (aka Northern Rock) bailed out by taxpayer
- Virgin Trains – huge state subsidies
- Virgin Care – privatising the NHS
Enough is enough….
22/-
#Branson
#RichardBranson
#greed
Branson's state benefits
- Virgin Money (aka Northern Rock) bailed out by taxpayer
- Virgin Trains – huge state subsidies
- Virgin Care – privatising the NHS
Enough is enough….
22/-
#Branson
#RichardBranson
#greed
30 MAY 2020
Big firms abuse furlough by getting taxpayer to pay workers they make redundant.
BA, Virgin Atlantic, Tui, Easyjet & Rolls-Royce alone have furloughed around 57,000 staff between them, while announcing plans to slash up to 33,650 jobs…
https://www.thisismoney.co.uk/money/markets/article-8370487/Big-companies-slammed-coronavirus-furlough-abuse.html
23/-
Big firms abuse furlough by getting taxpayer to pay workers they make redundant.
BA, Virgin Atlantic, Tui, Easyjet & Rolls-Royce alone have furloughed around 57,000 staff between them, while announcing plans to slash up to 33,650 jobs…
https://www.thisismoney.co.uk/money/markets/article-8370487/Big-companies-slammed-coronavirus-furlough-abuse.html
23/-
31 MAY 2020
Founder of Matalan boasts the company will receive £46m from the taxpayer, while being pursued for £84m by HMRC.
The Monaco based tax dodger, John Hargreaves, is worth £600m.
With the Tories it’s always Wealth before Health…
https://www.thisismoney.co.uk/money/news/article-8372263/Matalan-tycoon-big-tax-bill-seeks-state-loan.html
24/-
#greed
Founder of Matalan boasts the company will receive £46m from the taxpayer, while being pursued for £84m by HMRC.
The Monaco based tax dodger, John Hargreaves, is worth £600m.
With the Tories it’s always Wealth before Health…
https://www.thisismoney.co.uk/money/news/article-8372263/Matalan-tycoon-big-tax-bill-seeks-state-loan.html
24/-
#greed
1 JUN 2020
What to do when prehistoric caves get in the way of profit? Blow 'em up, if you’re Rio Tinto developing an iron ore mine. Rio say sorry, so that's ok.
Aboriginal people 'grieving the loss of connection to our ancestors as well as our land'.
https://www.bbc.co.uk/news/world-australia-52869502
25/-
What to do when prehistoric caves get in the way of profit? Blow 'em up, if you’re Rio Tinto developing an iron ore mine. Rio say sorry, so that's ok.
Aboriginal people 'grieving the loss of connection to our ancestors as well as our land'.
https://www.bbc.co.uk/news/world-australia-52869502
25/-
14 JUN 2020
MORE GREED
Nationwide is a simple, mutual business owned by its members. It takes money from savers & lends mortgages.
For this the boss gets £2.4m despite most members voting against it. This yr he takes a cut, so'll only get £1.3m.
Does your heart bleed?
26/-
MORE GREED
Nationwide is a simple, mutual business owned by its members. It takes money from savers & lends mortgages.
For this the boss gets £2.4m despite most members voting against it. This yr he takes a cut, so'll only get £1.3m.
Does your heart bleed?
26/-
The greedy will always place the satisfaction of their own needs above the needs of others.
Warning: Don’t put yourself in the power of the greedy. Their greed will always trump your need.
http://www.amazon.co.uk/Short-Conversations-About-Everything-Matters-ebook/dp/B089C3TZHW
27/-
#greed
Warning: Don’t put yourself in the power of the greedy. Their greed will always trump your need.
http://www.amazon.co.uk/Short-Conversations-About-Everything-Matters-ebook/dp/B089C3TZHW
27/-
#greed
28 JUN 2020
Odious Odey, chief financial backer of Crooked Johnson, makes a fortune out of disruption. He backed Brexit and has now made at least £75m from the demise of Intu (the owner of shopping centres).
https://www.thisismoney.co.uk/money/markets/article-8466585/Crispin-Odey-makes-75m-betting-against-Intu.html
28/-
#greed
#CrispinOdey
#Intu
Odious Odey, chief financial backer of Crooked Johnson, makes a fortune out of disruption. He backed Brexit and has now made at least £75m from the demise of Intu (the owner of shopping centres).
https://www.thisismoney.co.uk/money/markets/article-8466585/Crispin-Odey-makes-75m-betting-against-Intu.html
28/-
#greed
#CrispinOdey
#Intu
1 JUL 2020
How much cash does one person need?
"CEOs [in UK's largest companies] are making more money in under four days than a quarter of their colleagues in an entire year"....
https://opendemocracy.net/en/oureconomy/to-build-back-better-we-must-tackle-executive-pay/
29/-
#greed
#Greedy
#corrupt
How much cash does one person need?
"CEOs [in UK's largest companies] are making more money in under four days than a quarter of their colleagues in an entire year"....
https://opendemocracy.net/en/oureconomy/to-build-back-better-we-must-tackle-executive-pay/
29/-
#greed
#Greedy
#corrupt
5 JUL 2020
Thames Water is owned by a number of foreign firms who are given millions in dividends.
Ex-boss Steve Robertson received £2.75m in severance pay after failing to stop the pollution of the river.
Another fat cat rewarded for failure?
https://www.thisismoney.co.uk/money/markets/article-8490439/2m-golden-goodbye-sacked-boss-Thames-Water.html
30/-
Thames Water is owned by a number of foreign firms who are given millions in dividends.
Ex-boss Steve Robertson received £2.75m in severance pay after failing to stop the pollution of the river.
Another fat cat rewarded for failure?
https://www.thisismoney.co.uk/money/markets/article-8490439/2m-golden-goodbye-sacked-boss-Thames-Water.html
30/-
10 JUL 2020
£120m PPE contract awarded to Tory Councillor's firm without competitive tender.
Labour: 'This company's connection to the Conservatives appears to be stronger than their experience in delivering PPE'.
The Tories: Wealth before Health
https://www.bbc.co.uk/news/uk-politics-53361167
31/-
£120m PPE contract awarded to Tory Councillor's firm without competitive tender.
Labour: 'This company's connection to the Conservatives appears to be stronger than their experience in delivering PPE'.
The Tories: Wealth before Health
https://www.bbc.co.uk/news/uk-politics-53361167
31/-
10 JUL 2020
£840k research contract awarded to a firm with links to Gove and Cummings without competitive tender.
Part of the work related to Brexit, making the contract illegal….
Which greedy cronies were they rewarding this time?
https://www.theneweuropean.co.uk/top-stories/company-with-links-to-gov-given-contract-guardian-finds-1-6740273
32/-
#Greed
£840k research contract awarded to a firm with links to Gove and Cummings without competitive tender.
Part of the work related to Brexit, making the contract illegal….
Which greedy cronies were they rewarding this time?
https://www.theneweuropean.co.uk/top-stories/company-with-links-to-gov-given-contract-guardian-finds-1-6740273
32/-
#Greed