"either an idiot... or possessed of a dangerous agenda and very cunning"
Sunday, 28 February 2010
Standard Life replies to Myners
Reuters reports that Standard Life has made its response to Paul Myners' call to action public, and you can download the letter on their website here. Reuters picks up on the fact that they disagree with UKFI about the use of share price targets in long-term incentives. Notably they also encourage Myners to get stuck into investment banking fees, particularly in respect of capital-raising.