The notorious £1m bonus of RBS boss, Stephen Hester, was being defended on Radio 4 on Friday. I'm not going to have a go at the interviewee (Christopher Wheeler, an analyst at Mediobanca) – it was a difficult job to defend a bonus of nearly £1m when everyone, even the government and the Daily Mail seem to think it's wrong, and anyway, Hester has now said he won't claim it. I just...
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