Barclays Bank Tightened Its Belt
Barclays
Bank
tightened
its belt
only paid out
£3.4 billion
in staff bonuses
down 7.0 percent
compared
with 2009
we salute
severity
of Barclay’s
noble sacrifice
as bad debts
fell dramatically.
Barclays cut
its staff bonuses
in line with
a government
brokered deal?
Prime Minister
David Cameron's
official spokesman
rumoured
to have received
a nice back
hander
' declined
to comment
on Barclays'
remuneration,
telling reporters:
'Clearly, Barclays'
pay policy
is ultimately
a matter
for them
and their
board.' '
Thank God for
government-brokered
deal to clamp down
on excessive pay?
Sly Barclays' Bank
pulled the wool
over public eyes
played shell game.
Thimblerig, Three shells
and a pea quick follow
swift hidden bonuses.
How was sly money paid?
“Finance minister George
Osborne said total bonuses
paid to British-based staff
of the biggest banks would
be lower than last year
as part of Project Merlin,
brokered after weeks
of talks with the Conservative
-led coalition. '
Therefore how
did sneaky Barclays
increase bonuses?
Twas slight of hand
twas slight of hand
exclaimed shiny Bob
Diamond leading band.
Watch staff bonuses
down 7.0 percent
but yes yes yes yes
total pay rose a quarter
' as this included
payments deferred
during the global
financial crisis. '
' Explaining the cut
in Barclays' bonus pot,
Diamond said:
'We are committed
to demonstrating
that we are both
responsible in our
compensation
decisions and
practices and
that we take our
regulatory
obligations and
UK government
commitments
seriously. ' Really!
American Diamond
chief executive
of Barclay’s
is infamous in Britain
' for pocketing
huge bonuses
as head of
Barclays' highly
successful investment
banking division. '
Bobby Diamond pocketed
a 9 million pounds bonus?
I say average pay
at Barclays Capital
rose from £191,000
to £236,000; does
this not rather
made a 'mockery'
of the so-called
Project Merlin?
Poor staff only
£45,000 extra
read all about it
its true its true!
Twas British families
living on ten pound
a day I rue I rue I rue.
Mere £3,650 a year
I fear I fear for their
children living in
severe poverty oh dear.
Project Merlin
is Project Miracle
for fat cat bankers
lapping up all de
cream but David
Cameron canna see
past his nose canna
see big bonuses for
irresponsible bankers
fiddling file figures is
unacceptable immoral
in moral English society
poor anger will cad rub.
See also the poem ‘Diamond Barclays’ Bank’.
poem by Terence George Craddock
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Related quotes
Diamond Barclays Bank
In Britain
some families
are living
on ten pound
a day only?
According to figures
one and a half million
Britons live in severe
poverty therefore we
salute the smiling
Mr Diamond laughing.
Barclays’ Bank President
Bob has made a supreme
sacrifice and only voted
himself 9 million pounds
bonus this sacrifice year?
Please no one finger salutes
this is a thumbs down moment
vote Barley’s with your feet.
See also the poem ‘Barclays Bank Tightened Its Belt’.
poem by Terence George Craddock
Submitted by Poetry Lover
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Transocean Ltd Strategy Time Money-Saving Decisions
Transocean Ltd our world’s largest off-shore oil rig company
continues to astonish continues to share market make a mark
after stain marking Gulf of Mexico inking in over 200 million
gallons of oil by rush exploding their rig Deep Water Horizon
now rubbing salt callously cruelly into pristine polluted raw wounds
vile nature destroying company awarded managers healthy bonuses
bonuses for major component safety to honour their environmental
strategy a series of time money-saving decisions deliberately aimed
at creating what President Barack Obama’s investigation commission
termed “an unacceptable amount of risk.” Secret Transocean policy
is revealed executive compensation bonuses motivating executives
“to keep up the good work” of cutting more dangerous safety corners
to correct what went wrong in management of Deep Water Horizon
rig takes profit profit profit time wasting big money money money
bonuses give all the wrong incentives to do the wrong thing when
principled leadership is lacking and environmental damage fines are
small change ignored. ‘The Wall Street Journal’ reports company’s “management reckons 2010 as its “best year in safety performance”
in spite of the accident” because cutting safety corners made extra
money money money. Transocean identified their magic bean profit
formula with celebratory words “we achieved an exemplary
statistical safety record.' Based on the total rate of incidents
and their severity' we recorded the best year in [our] safety
performance in our company's history.' in dollar profit terms
trashing Gulf of Mexico was a good profit write off investment
Copyright © Terence George Craddock
Source of data ‘The Worden Report’ article ‘Transocean Executive Compensation Bonuses for 'Best Safety Year in 2010' in spite of the Deep Water Horizon Explosion’ posted by Dr. Worden.
poem by Terence George Craddock
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Transocean Shame Bonus For Executives
Transocean sham honours pays top grease executives
bonuses for their best year in management efficiency.
Bonuses paid in blood money bean counting penny
pinching sly stealing protective safety standards sold.
Transocean Ltd. gave all top executives bonuses
(a big slap in the face for conservation ocean protection)
(a royal one finger salute for marine wildlife slaughtered)
for achieving the best year in safety performances
to celebrate an explosion on its oil rig that eleven people killed
to celebrate 200 million gallons of oil spilled into earth ocean
200 million gallons crime oil into mother Gulf of Mexico spilled
this is world’s largest off-shore oil rig company concept safety
this is management Deep Water Horizon snake poison vision
quote 'best year in safety performance in our company's history'
poem by Terence George Craddock
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Giving Options Prevents That
No bonuses.
No more pats on the back.
No bonuses.
Lobbyists fight back.
No bonuses.
And that's why they attack.
Gone will be fat pockets.
And lifestyles lived in shacks.
Thieves like these greed.
Giving options prevents that.
No bonuses.
No more pats on the back.
No bonuses.
Lobbyists fight back.
No bonuses.
And that's why they attack.
Gone will be fat pockets.
And lifestyles lived in shacks.
Thieves like these greed.
Giving options prevents that.
No bonuses.
No more pats on the back.
No bonuses.
Lobbyists fight back.
No bonuses.
And that's why they attack.
Gone will be fat pockets.
And lifestyles lived in shacks.
Thieves like these greed.
Giving options prevents that.
poem by Lawrence S. Pertillar
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To pay out millions upon millions of dollars in bonuses for incomplete work, poor performance, and unacceptable products is the height of government waste and mismanagement.
quote by Jim Gibbons
Submitted by Lucian Velea
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Calling Cards
A sorting office in the old kent road
Caters from coast to most
A nice little number if youre out of work
And arent the sort to boast,
Youre in need of a job, bob-a-job, rob-a-job
Im your man to see
Ill sit Ill listen Ill not say a word
The less said would be best for we
Ooh, what a firm of naughty boys
Ooh, Ive been a naughty boy
We dont want to mark each others card
Except the one you need
I need you and your returns to help
Build my company.
My twins work brighton on a sunny day
They cover town with the shake of a hand
On a high come back coz of no come back
Now theyre working in the promised land.
Ooh, what a pair of naughty boys
Ooh, Ive been a naughty boy
(the allied irish cyprus bank)
(india bank bank of turkey)
(united bank the peoples bank)
(to catch the worm you got to be up early)
Temporarily out of bounds had to move office
Clear out of town
For every problem theres a solution and
I can do without constitution
Dealing cards from up the old kent road
Ive been checked up on my heavy load
You can go but be back soon
Ill have some work for you to groom.
Ooh, what a lot of naughty boys
Ooh, Ive been a naughty boy
(trustees bank, barclays bank)
(the natwest bank, midland bank)
(bank of scotland, williams and glyns)
(bureau de change, the peoples bank)
Ooh, what a lot of naughty boys
Ooh, what a pair of naughty boys
Ooh, what a firm of naughty boys
Ooh, Ive been a naughty boy
song performed by by Madness
Submitted by Lucian Velea
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Transocean Ltd Vision Gulf Of Mexico Does Not Count
Transocean Ltd. CEO Steve Newman scores on Gulf oil
the company noted 'the tragic loss of life' when BP PLC
exploded their Transocean's Deepwater Horizon oil rig in
the Gulf of Mexico on April 20 2010 killing 11 workers
causing the largest offshore oil spill in American history
Newman brushed the incident off proclaiming company
'exemplary' safety record which “met or exceeded certain
internal safety targets concerning frequency and severity
of its accidents, according to the filing with the Securities
and Exchange Commission on Friday.” Newman loves
putting out fire with gasoline getting big bonuses shafting
ocean environment with explosion policy profit not safety
is mean and a commission appointed by President Barack
Obama agreed stated explosion was caused by a series of
time money-saving decisions deliberately made by policy
Transocean, BP and oil services company Halliburton Inc.
These companies “created an unacceptable amount of risk.”
Newman environment can burn hang conservation ideology
reflected in blue lighter fluid burning of protective red tape
was polished off in the company regulatory filing bonuses
“appropriate as a way to recognize its executives' efforts in
'significantly improving the company's safety record' and
implementing a new internal planning system” (called burn
baby burn record 200 million gallons spilled oil stupidity)
Transocean Ltd further boasting 'exemplary' safety record
executives efforts 'significantly improving the company's
safety record' proudly continued stated “Those efforts have
'enabled the company to maintain its financial flexibility
during a challenging period, ('the tragic loss of life') while,
at the same time, positioning the company for sustained
growth in the future.' Achieved without handicap safety
first life saving policy limiting losing profit unforgivable
Transocean Ltd. CEO Steve Newman soaks up a calculated
by The Associated Press $5.8 million compensation package
after spilling 200 million gallons of oops accident crime oil
into beautiful Gulf of Mexico because nature does not count
Copyright © Terence George Craddock
Source article ‘Transocean gives safety bonuses despite deaths’ by Jordan Robertson, AP Business Writer.
poem by Terence George Craddock
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Fake Dreams!
snowflakes coming,
Christmas, and what it's become.
a mad rush to Walmart,
a fight for the deal....
too many lights, too many adds,
credit cards and borrowed diamonds....
plastic Jesus's 'neath plastic trees!
and all the while the soup kitchen
struggles to keep up....
the shelters already full....
and the homeless walk the streets.
young men dying overseas,
young men and women dying on our streets...
a boy waits in his cell
for a card that wont come....
old people shiver without heat,
the food stamps run out.....
the bankers get their bonuses,
the kids in the project go without.....
and i'm sick of the whole damned thing,
fake America, fake freedom,
fake lights, fake dreams!
poem by Eric Cockrell
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Return of Pretty Boys Floyd
Tormented America will see his likes in multiples return?
Will America continue to flounder and churn?
Incomprehensible bonuses paid by taxpayers to high living, high rise thieves!
Stimulus of ever more unemployed lines is all America receives!
Tired of Ponzi schemes and such!
Surely America with its people is out of touch!
Anger and homeless frustration!
No positive direction - certainly no ovation!
Damned by fools with such leaders of destruction!
Their numbers need immediate reduction!
Ultimately other Pretty Boy FloydS will appear?
Responding to destitution and fear!
Nearly three quarters of a century ago at his funeral she predicted there would be another - AND another!
She of the Sallisaw autumn foreboding was my Mother!
Charles Arthur Floyd (2-3-1904 to 10-22-1934) aka 'Pretty Boy' Floyd
Bank Robber and Alleged Killer
poem by Hubert Wilson
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A Banker's Prayer
Dear God,
Let our borrowers pay us back
We can take no more flack
We have to remain on track
Or face the inevitable sack
Governments, tax payers, citizens
You name them
They are watching us
With focussed eagle eyes
We are literally surrounded by spies
Any whiff about a distressed asset
Or a loan turning toxic
Even if it is only an empty rumour
Is enough to send our stocks south ward
And of course provide the usual fodder
For dinner time conversations
Which continue to dwell unendingly
On the familiar greed narrative
Bankers’ bonuses and compensation
Are believed to have been the cause
Of the recent financial crisis
Apparently we did deliberately
Court disaster by
Totally disregarding long term risk
Just to take home meatier pay packages
Dear God it this were really true
We would not be here now
Offering this fervent prayer to you
poem by Sandra Martyres
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White Collar Crime Tax Payer Rewarded
it is hard to believe
we live in the long awaited
twenty-first century
when great gods science technology
were expected to solve social problems
yet America Europe suffer austerity
yet land masses are drowning
ice caps melting under global warming
as world sea levels are rising
it is hard to believe
as good deeds are persecuted
evil still adversity prospers
greed still wears rich trappings of elite legitimacy
ancient recipe robber barons morph into corporations
manipulate interest rates markets civilian savings
yet when their crimes of extortion are exposed
executives bankers reward themselves with shares
massive bonuses paid for with tax payer bail outs
beware bought sold politicians sell out governments
enjoying profits of their purchased corruption souls sold
Jesus prophecy poverty accuracy poor are still with us?
poem by Terence George Craddock
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This Child Of Rebellion
This child of rebellion
At last uprising.
The government- Machiavellian
Man, is it so surprising?
Many oppressed years
Under the fat cat
Now it's beyond tears
Viva the proletariat! .
So the bankers bonuses still survived
In their land of milk and honey.
The solution?
Turn to the deprived
To prop them up with public money.
Now students are angels with dirty faces.
No room for prudence
When fighting for places.
Yeah, sting the academic
To fund this sick pandemic.
MP's blame the 'hoodies'
So neatly they are labelled.
A case of 'baddies vs goodies'
Then they punish the disabled.
Yes, when recession darkens our door
It's the usual obsession- just hit on the poor.
Still ok for the capitalists
But those in squalor just slit their own wrists.
Yes, the looters and bullies have seized their chance
Nobody's pleased with their crazy war dance.
And our justified cause it fails to enhance.
Yet how could the common man be resistant?
After those expenses claimed
For the non- existant!
Our cripples of England now without a crutch.
This child of rebellion took only so much.
poem by Kevin East
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Q.e.ii
Q.E. II
If at first we don’t succeed-
still more debt is what we need.
If foreign lands refuse to loan-
To hell with them, we’ll print our own
To posterity far down the line
We send the bill for our good time.
To big to fail? Not in the Black?
-Just lean on Bushie and Barrack.
When losses can be socialized
It helps to share the pain.
Banks never were this generous
When asked to share their gains.
Pay for this by printing that
Raise some taxes, pass the hat.
Each minute spend three million more.
Watch the cash fly out the door.
Wall street received their bonuses
The public got the shaft.
They seem contrite in public,
But, behind closed doors, they laugh.
The legal counterfeiter smiles
Hw knows just what to do-
He’ll stave off the deflation
by igniting Weimar II.
poem by John F. McCullagh
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poem by Doug Bentley
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You And I
you and i
are the reason
things are
the way they are...
no, we didnt invade
Iraq and Afghanistan,
but we voted for
the clowns that ordained
these actions...
or, even worse,
didnt vote at all.
no, we didnt cause
the big oil spill...
yet by our reckless
consuming lifestyles,
driving our big SUV's
going nowhere...
maybe we did!
no, we didnt cause
the disaster in Haiti,
the hurricane in New Orleans,
the Japanese nuclear disaster...
but what have we done
to help fix these problems?
no, we didnt tell the banks
to foreclose on all these houses...
but we stood by doing nothing
while our government bailed
them out... and their CEO's
drew their bonuses....
no, we didnt tell them
to cut social security
and medicare, to cut
educational aid...
but we sit and watch
while the elite do their thing,
and pay no taxes...
you and i,
standing by, doing nothing,
saying nothing, not getting
involved...
you and i
are the reason
things are
the way they are...
poem by Eric Cockrell
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You can criticize any news staff in some ways, but the one thing that you couldn't call the Village Voice staff was a staff of stenographers, taking notes from public figures and just passing them on.
quote by Sydney Schanberg
Submitted by Lucian Velea
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G Twenty Governments Selected Victims
G Twenty governments
no job recovery policy
bail out bank debt cause
bail corruption banker case
British banker public misery
equals grand 20% British
youth discard unemployment
in Spain public sector workers
sit on privileges
minimum wage
fails to favour enjoy
G Twenty governments
deny poor workers fair wage
bankers stole GDP cake
leaving workers no crumbs
workers no rights to equality
no jobs future esteem utopia
no green policy
15% gain employment
2% of GNP equals
15% employment gain
2% less than bankers got
tax payers pay out banks
tax payers pay out privilege bank jobs
teachers nurses care givers sliced up
British pay cuts tightened target belts
GDP (abbreviation of) gross domestic product
poem by Terence George Craddock
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Diamond Joe
1. now theres a man youll hear about
Most anywhere you go,
And his holdings are in texas
And his name is diamond joe.
2. and he carries all his money
In a diamond-studded jar.
He never took much trouble
With the process of the law.
3. I hired out to diamond joe, boys,
Did offer him my hand,
He gave a string of horses
So old they could not stand.
4. and I nearly starved to death, boys,
He did mistreat me so,
And I never saved a dollar
In the pay of diamond joe.
5. now his bread it was corn dodger
And his meat you couldnt chaw,
Nearly drove me crazy
With the waggin of his jaw.
6. and the tellin of his story,
Mean to let you know
That there never was a rounder
That could lie like diamond joe.
Instrumental
7. now, I tried three times to quit him,
But he did argue so
Im still punchin cattle
In the pay of diamond joe.
8. and when Im called up yonder
And its my time to go,
Give my blankets to my buddies
Give the fleas to diamond joe.
song performed by by Bob Dylan
Submitted by Lucian Velea
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Barclay's Bank Fails Under Fire To Shine
Barclay's Bank overpriced Bob Diamond
formerly famous promoted illustrious setting
upon expert examination proved flawed stone
poem by Terence George Craddock
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The Big Push
If a country wants to successfully take off
In the sky of prosperity
It needs huge investment
But the least developed countries
Can hardly afford it
However
If there is a will
There is a way
There are many donor
Agencies and countries
Who are ready to provide soft loan
To the LDCs
So the government of the LDCs
Should encourage
Unsolicited project proposals
From the international donors
And prepare suitable project profiles
That will benefit both the parties
Moreover
The government officials
Should be highly trained
So that they can evaluate
The viability of the offers properly
In this way
The LDCs will be able to big push
The economy so that it can take off
poem by Asif Andalib
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