Detailed text transcripts for TV channel - CNN - 20110420:08:17:00
Hampton admitted to investors that large bonuses are hard to justify but he said multibillion dollar rewards are, quote, the cost of doing business today. for a closer look at rbs, let's have a quick talk to our correspondent from the london studio. the pay package was negotiated at least two years ago. it's still grabbing headlines. >> because the government still holds 83% of the stock and have 73% of the board votes. that's what we saw yesterday at the board meeting. it's woth taking a look at what's behind the numbers. number one, we have a loss of $1.79 million, a vast improvement better ...
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