€9,589 a week!!!! Fine for some! High pay to attract competent people. Assuming they must have been paying €9.58 a week to the last shower working in the banks during the boom years! Why they are still entitled to large pensions is beyond reason.

I’ll reserve judgement on his worth until I see a job spec.

Mr Dukes, can we please see the job spec that was advertised for this appointment? I’d be interested to see what the role of each board member is.

There’s a financial war on in this country. The real wealth generators are being leeched by parasites. These guys should have been laid waste to in 2008. The state and IBRC with the rest of the insiders are taking the piss. Our only hope is another Lehman event like Greece leaving or Santander going bust. Then we press the reset button and get these parasites off our backs.

High wages dont reflect ability. We saw all that before. The pay these guys are getting is scandalous including Dukes.

Why the Germans and French are allowing this!

AYNSLEY WAS PAID 866,000 EURO FOR ONE YEAR AT ANGLO.Some of this was considered travelling expenses. Wonder did he move from another planet. It appears like he did.

L’oreal should sign him up.

No insolvent business could afford salaries like this. Dukes is another who is under qualified to do his job. His pension and allowances are horrendous yet he got promoted in this new role. Dukes and this guy are really qualified at screwing the system and then wanting praise for doing it.

LEECHES.

Saying he’s ‘worth it’ is private sector talk. If he wants to earn that amount – let some company pay him that. If our government wanted real change, we have a lot of unemployed and/or emigrating graduates who could be paid a decent salary & who would come in with fresh ideas. No sign of them being ‘worth it’

what job? turn off the lights?

Wait until we see the true extent of the losses when this shambolic bank finally winds up. I suspect all valuations are based on very best case scenario, I wonder are we being played again by a banks management?

If we don’t pay the going rate we won’t get people capable of doing the job.
Q1 Who sets “the going rate” ?
Q2 When have we tried to hire someone who is not a member of the CEGRU ( Chief execs going rate union) and suffered a catastrophic failure to deliver as severe as what has just happened with fully paid-up CEGRU members in place?
Q3. Why is it only at the top that these price fixing cartels are tolerated and accepted as a necessary evil?
Q3. Why do people not equate these exorbitant pay scales, in an industry with no real competition, to paying public service employees too much? We don’t have a choice not to pay more to cover the added costs across the whole industry do we?

What exactly does this guy do for €500,000? He accepts money handed to him from politicians and civil servants extorted from tax payers to put into the AngloIrish carcass. How hard can it be?
Is Dukes telling us that someone on €100,000 a year just would not be able to do this?

What exactly does this man do for his €500,000 per annum?

The bank is the carcass of Anglo-Irish Bank and was empty and closed (although it is refilling with OUR money again).

All he has to do is accept the money, extorted from citizens through false taxes and future debt promised repayments, overseen by politicians and civil servants.

Sorry to all the anti-negativity brigade, but how in God’s name can you see a positive in any of this?

I passed maths in the leaving any chance of a job? I would gladly work for 5% of of Alan Dukes wages. Are you telling me that 20 people like me for the same money cannot do the same job better?

he deserve s that salary look at the job he’s done mortgage arrears sorted. variable mortgages sorted. a couple wanting to buy a 200 thousand euro house with 60 thousand euro saved will be welcomed and given a mortgage and allowed to live there life happy in the notion that this country is on the way up ……..oh wait what’s that you say mortgage arrears are not sorted what about variable? no sorry and that couple? told not to be wasting the banks time sure there broke we cant loan to you we have expenses who s going to pay our chief executive his 600,000 salary. ok ill leave it. where you going ? into work im a maintence electrician in a high volume factory .So john head’s to work line 1 break’s down stopping production john cant fix it then line 6 stalls, again he is unable to fix it john is sacked.

Fine Gael hangs out Ireland to dry.

Following close study of the Irish Government’s austerity proposals the Eurogroup expects to further discuss the Irish adjustment programme at its next regular meeting on 12 November on the basis of the relevant programme documentation.

Basically, FG is openly allowing Anglo Irish Bank CEO to earn huge salaries…..even though he knows the Fine Gael leader has staked his political reputation on the Troika and FinMins by continuing to pay €1 billion to bondholders today. This is what Taoiseach Kenny said earlier in 2012:

“we have not looked for a write-down”.

But without that write-down, the Taoiseach, Ireland would be forced into savage cuts and into complete economic collapse.

Well, the election mandate isn’t valid. More measures are being demanded. So Enda Kenny is left dangling over a sheer drop somewhere near the top of the Matterhorn.

It is really difficult in all this not to reach the conclusion that Berlin-am-Brussels intends quite simply to reduce Ireland to the status of a socio-political basket case….it’s easier thereafter May 31st to neuter its sovereignty, and impose upon it economic demands that will leave the country little more than a slave satellite.

Having said that, there is absolutely no reason why the Irish Government has to go along with any of this . Ireland has several other options – from America to the IMF to bilateral loans – and the EU itself knows only too well that, the last time a German delegation was in Ireland, Noonan capitulated to their demands without any mention of the promissory note.

Berlin-am-Brussels is bluffing. Gerry Adams seems the only leader capable of grasping this. Why can’t the others?

Reminds me of Fianna Fail’s “a lot done more to do” mantra.

Dukes would have to say that. If he didn’t he would be undermining his own position!
I’m sick of hearing this stuff “if you pay peanuts you get monkeys”, so we pay the crown jewels and we get incompetence or crookery! These guys have just got away with this for so long it is time to explode the myth about paying top dollar for basic competence. Once other countries and companies stop fuelling this greed these people will have to accept realistic salaries!

It’s time the charlatans were exposed for just what they are – con men – pure and simple. Nothing more, nothing less. Dressing up in expensive suits is simply a more expensive con.

How much is Dukes getting?

His annual allowance is enough to put another Garda on the beat for the year or keep a number of country stations open!!! I know what I’d prefere……,

It’s easy to say it’s paying over the odds but himself and Dukes were saying yesterday that they may be able to conclude Nama earlier than previously thought and several billion Euro cheaper…if that’s true, and if that is down to the CEO. It’s probably worth it.

I stand corrected but was he not a big wig with Bank of Ireland during the time all this mess was created, it was so called experts that got us in this mess in the first place,

What profit will Liberty make on Quinn Insurance?

Not according to all these socialists below.

I don’t care who you are or what job you do. there is no man on this earth worth more than €1000,00 a week that’s €52,000 a year and I am being generous, that’s enough to survive nicely on and plenty for the holiday and enough to keep the car going as well.
the reason for these high salaries being paid is for the same reason judges in Irish court houses wear wigs and that is to make a class distinction, between them and us. by the way those wigs has nothing to do with the Irish sytem of law but judges get an allowance to buy them. these wigs were used as an intimidation tactic used in a gone by era by the British judiciary when they ruled Ireland through sheer intimidation and fear.
unless these highly paid extortionists need a special food to change the colour of their shit I say let the mother F**Kers eat cake like the rest of us.

I’m paid to do my job very well. But I don’t get the market rate.
21 years in the same trade. And my wages are doing nothing but being reduced.
Why ?
The influx of non nationals. That’s why.
There. Rant over.

Pay peanuts you get monkeys. That’s the reality of the world we live in.

he looks a ringer for Joe Duffy….

A poor premier league footballer earns more than this