Wednesday, January 17, 2007

Enough to spill your cornflakes

Something not so inspiring for everyone else except this lucky chap - Times Business News reported today that John Tiner, chief executive of the FSA (Financial Services Authority), will be paid £33,000 a month to do nothing for six months after he announced his surprise resignation yesterday. Mr Tiner was paid a total of £573,000 last year, including basic pay of £400,000. Enough to make you spill your cornflakes.