Bank Bonuses

! This post hasn't been updated in over a year. A lot can change in a year including my opinion and the amount of naughty words I use. There's a good chance that there's something in what's written below that someone will find objectionable. That's fine, if I tried to please everybody all of the time then I'd be a Lib Dem (remember them?) and I'm certainly not one of those. The point is, I'm not the kind of person to try and alter history in case I said something in the past that someone can use against me in the future but just remember that the person I was then isn't the person I am now nor the person I'll be in a year's time.

RBS is getting a kicking for its billion pound bonus package at the same time as taking god knows how much money off the taxpayer.

Yes, RBS has been run into the ground, taken on too much high risk debt and over-extended itself buying ABN Amro, but the majority of RBS staff weren’t responsible for the bad decisions – they were just doing their jobs and have continued to do so in the face of mass redundancies and an uncertain future.

The people at the top – the chairman, the board and senior managers – shouldn’t get any bonus whatsoever until the bank has paid the taxpayer back every penny it’s had from the bailout.  But the ordinary staff aren’t responsible for the collapse of RBS and they shouldn’t be punished for it – if their individual performance merits a bonus then they should get it.

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6 comments

  1. axel (1214 comments) says:

    Fucking parasites!!!!!

    No, dont pay them the bonii, apparently it will make all the big traders leave and to my mind, getting them to leave first will save on any unpleasantness at the redundency tribunals

  2. axel (1214 comments) says:

    Fucking parasites!!!!! (part 2)

    http://news.bbc.co.uk/1/hi/uk_politics/7877422.stm

    redditch is down your way in flatland?

  3. Nemesis (1 comments) says:

    How can it be right or fair for bank bosses to pocket huge bonus payments for doing such a bad job that they not only came close to bankrupting the country, but put a large number of taxpayers savings at risk? People relying on interest from savings accounts built up over years of thrifty saving are finding it hard to cope and people’s homes across the country are being re-possessed by the very banks that these same people’s tax money has kept afloat. BUT WE CAN STOP IT! I call upon all those who do business with the bailed-out banks to pledge to withdraw all their savings from any such institution that pays out bonus payments to its managers or staff. Lets see how they react with the threat of a run on their banks looming over them!

  4. axel (1214 comments) says:

    How far is it from redditch to westminster?

    Too far to drive?

    I think not….

  5. axel (1214 comments) says:

    Nemisis

    Are you a sales rep for Barclays?

  6. individuals against banks (1 comments) says:

    Wy doesnt everbody take there savings out of the banks which have been taking the piss . They should have been left to go tits up get the fucking labour party out as well filling there own pockets fucking pockets at our expence

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