Barclays’ Board Is Heckled Over Pay BY JULIA WERDIGIER"
LONDON — Facing angry shareholders packed in a London concert hall, the management of Barclays pledged on Friday to reduce executive pay and apologized for not communicating enough with its shareholders.
Gathering at the Royal Festival Hall in London, which is usually reserved for music performances, Robert E. Diamond Jr., the chief executive; Marcus Agius, the chairman; and the other members of Barclays’ board answered questions from disgruntled shareholders about why the bank paid million-dollar bonuses to its senior executives while earnings and the share price fell... http://dealbook.nytimes.com/2012/04/27/barclays-board-is-heckled-over-pay/?nl=business&emc=dlbkpma2_20120427
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