Osborne: Stop the RBS Fat Cats
To the Chancellor of the Exchequer, George Osborne:
As taxpayers we call on you to use the power of the massive public stake in the Royal Bank of Scotland to reject its bosses' unethical bonus proposals. We also urge you to ban the bank from spending our money to lobby against the interests of the people who own it - the citizens of the United Kingdom. The government has promised to tackle unfair rewards. We are counting on you to stop them now.
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Despite losing the bank £750 million in the last six months, RBS executives are spending a fortune lobbying the government and now want to get another £500m in bonuses! It’s a scandal at a time when cuts are biting all of us. But George Osborne heads up the body that will negotiate the deal. If we raise a massive public stink, the Chancellor could be shamed into rejecting RBS’s outrageous claim.
We don’t have long to stop this offensive corporate greed -- RBS executives meet today. Let's deliver a deafening 100,000 strong petition to Osborne to force a drastic cap on RBS bonuses and ban the use of our money to lobby the government. Sign to stop the great fat-cat rip-off, and then share this with everyone.