Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

The cutbacks are to enable the UK to pack its debts. The cutting of our top rate tax was sensible as we were virtually the highest taxed country. We are still almost at that level and I expect the rate to fall to 40%.

Exec,

I can see the need for public audit of the accounts of these organisations.

Perhaps, the accountants could give their services freely to the individual charities.

(Some accountants do this already.)

Around 10 - 12 years ago the top dog (excuse the pun) in the guide dogs for the blind charity was getting just short of £70k a year, that's a huge number of tin cans full of money just to pay him.
2517

See http://dealbook.nytimes.com/2012/04/16/citigroups-first-quarter-net-income-falls-2/?partner=yahoofinance

Citigroup reported better-than-expected earnings on Monday, driven by steady demand for loans from consumers and businesses and an improving economic condition in the United States.

The New York based bank reported that net income was down 2 percent to $2.9 billion, or 95 cents a share. Total revenue was $19.4 billion, down 2 percent from a year ago.

Excluding certain items, the bank said it earned $1.11 a share in the first quarter of 2012, up 7 percent from the same period a year earlier. That exceeded analyst estimates of $1.02 a share, according to a survey by Bloomberg.
....

Do you seriously think that £70k is a huge wage?

The problemwith the government is that the CEO of a large comp0any earns about 10 times the salary of the PM so why would any sensible person want to be PM? We pay peanuts so we get monkeys.

T.I.M It wasn't bad a decade or so ago, there's many would like to be on that sort of money now. The 'huge' was used in the context of the number of collection cans required just to pay his wage.
2517

TIm.

If what you say is true, I think it would be better to pay for a monkey to replace the present incumbent, Cameron. as PM. Probably its competency's would be better and his expenses less.

It laughable that his pre-election rally call for local elections is based on "competency" and not persistent U-turns.

I wonder if the local tories will leave him of their canvassing material.

There is certainly a lot of fiddling inside the charities. I used to have a girlfriend who was in charge of audits for a very large firm of accountants (one of the big ones in the world). She audited a major charity and found that someone there had been stealing millions over a number of years. The details only came to light due to the sudden illness and absense of the person involved. A desk had to be forced and inside there were large numbers of big cheques made out to cash. The fraud had been going on for more than 10 years. The charity was told and they hushed it up as the truth would have damaged the response rate of doners. I was told at the time, that this was a fairly common occurrence.

Hays,

Through my wife's involment in and organisation, I have a minor interest into the workings of the Charity commision and I think you have be sold a pup.

Undoubtably, there have beensome episodes of false accounting, which have been allowed by the unforeseem side effects of weak legislation.

As said before I am a little ambivalent about some charities and certainly a society which some think should depend on them.

Fred
I know quite a bit about the case. I was living with the girlfriend at the time and saw some of the documents when they qualified the accounts. She said that there had been a number of similar high profile cases.

Hays.

"She said that there had been a number of similar high profile cases."


You knew her I didn't.

It wouldn't be the first time I am wrong.

But I don't think either of us think very highly of many individuals, some of whom are involved in "charities" and other areas of work.


In general, l I think such cases should be exposed"prosecuted" if they are at a significant level and if the actions are done knowingly.

I think the thing about the latest tory "Charity Tax" debacle, and the mounting U-turns, is that I think that Cameron and others in the party previous jobs were as PR men and presentation was their game.

I thought that job entailed presenting information to the public in a way that they would swallow it.

Cameron and Osborne present policies to the public and then asks for help from the cabinet to modify them to present to his own party.

I can see why they left their previous jobs, probably, nobody would hire them.

I only wish they would do some other jobs than the ones they are doing now.

-------------------

PS.

By PR, I didn't mean per rectum.

Is it a good likeness of yourself?

No, my nose is bigger . :-))

Mine is a bugger.

LOL. I see what you put for barc, very true.

Move on as they say.

.