Just who does Bob Diamond think he is, some overheated junior rainmakers at BarCap would like to know? Salaries for IB first years are apparently being upped to 70k while S&T employees (3 months counts) are remaining at 60k, a "snub" (obviously not my words) they are "none too happy about." What are they going to do about it?
Piss and moan to this here website that's what! I hope you're listening, Bob (you're lucky we're blocked at Barclays for spreading truth, otherwise they'd second their outrage in the comments and maybe make veiled threats of offering up crotch shots of senior management). You better come up with something fast because short of mass produced autographs from Phil Mickelson, it sounds like they might walk.