Saturday, 29 October 2011

Red Tops


The UK's newspapers really are despicable!

Top Directors' pay - who gives a toss, except the Daily Mail Tendency? If shareholders want to give their money away, that's a matter for them and no-one else.

Vincent Tabak's porn stash - if being interested in porn makes one a murderer, then more than 90% of men and 60% of women are murderers.

Even the BBC is becoming tabloid - Points West have us 30 minutes of Vincent Tabak's life last night, and no news. Most of the reporting was shoddy, to say the least.


6 comments:

  1. Using the same logic you apply in the second paragraph to the question you pose in the first paragraph (who cares about Directors' pay) the answer surely is lots of people as all public opinion polls on the subject show. Equally, I find myself - like everyone else - as a shareholder in many large firms (insurance funds, pension funds etc) but I have never been asked my permission for a Non Exec Director of BP (or some such company) to be given a pay increase of 200%.

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  2. Alan: But if one is not a shareholder, then why worry about it? If you are a shareholder, do something about it at the AGM. But to moan about it when it doesn't even affect you is very Daily Mail.

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  3. Alan: or sell the shares, if they aren't performing and buy others.

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  4. Sadly, it is a world wide phenomenon.

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  5. I'm very bored with the BBC news telling us about what "could" happen. I want the actual news not a list of possibilities.

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  6. Bill: You seem to be talking about individual shareholding - which these days represents less than 15% of total shareholdings. The majority of shareholding are institutional and whilst you and I buy into the institutions it is much more difficult to determine company policy via them. I suspect that somewhere along the line Chairman Bill owns a very small bit of the Daily Mail via some pension fund or insurance fund he deals with - as, I am sad to say, so must I - but it doesn't mean we can turn it into a becon of the logical media.

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