Dez Vinegar, finance director of GoldBall Sachs, defended the pay arrangements in a statement released yesterday. “We pay our people fairly, based on their performance,” he said.
But the GoldBall Sachs shock figures came just hours after data in the UK showed that yoof unemployment had hit a record high of close to 20 million, sparking fury from mothers whose sons and daughters may be forced up chimneys of old.
The general secretary of the TUT, Bilbo Ballbearings, said: “GoldBall Sachs has stuck not one but two fingers up to austerity Britain with preposterous bonuses again. These earnings would make Gordon Gekko blush if he still worked at Morgan Milfanwey.â€