Obscene! That's the only word for it.

[non sociopath skin]

Northern Rock has appointed the vice chairman of Barclays, Gary Hoffman, as its new chief executive.

Mr Hoffman replaces current chief executive Andy Kuipers, who will leave on August 31 after 20 years at the Newcastle-based lender.

<snip>
Mr Hoffman's basic salary is £700,000 and he will also receive three separate payments of £400,000 in compensation for the loss of his participation in Barclays' long-term incentive plans.

"I am excited by the prospect of leading the company back to a position of strength," Mr Hoffman said.

Rest at: http://news.bbc.co.uk/go/pr/fr/-/1/hi/business/7521672.stm

As the man said, You Couldn't Make It Up.

While hundreds of long-term Rock employees face the dole, Seagull Hoffman flies in to be compensated - COMPENSATED!!!! - for taking up £700,000 to crap over them.

You bet your sweet life he's excited!

And I'll wager a guinea or two that he'll be flying out with a golden clawshake to join the rest of the NR Scam Brigade on Gravy Street in a year's or two's time.

Still, musn't do class hatred, must we, Gordon?

The Skin

[Anarcho-Socialist]

1. Naughty skin, the politics of resentment et al.

You heard our political élites, we should shut up and be satisfied with our prole wage packet like good little plebs.