Barclays Bank Tightened Its Belt Poem by Terence George Craddock (Spectral Images and Images Of Light)

Barclays Bank Tightened Its Belt

Rating: 5.0


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’.
Copyright © Terence George Craddock

COMMENTS OF THE POEM
READ THIS POEM IN OTHER LANGUAGES
Close
Error Success