Thursday, Mar 01, 2007

As shares plummeted around the world this week, City bosses in London have been insisting on paying back the enormous bonuses they were paid only a couple of months ago.

The Corporation: Stock market turbulence persists

Stock markets around the world remain volatile after the heavy losses of recent days, with share prices falling in Asia for a third straight session.

Posted by george monsoon @ 01:45 PM (161 views) Add Comment

6 Comments

1. harold said...

"City bosses in London have been insisting on paying back the enormous bonuses they were paid only a couple of months ago..."

Nice thought george, now that really would create HPC.

Thursday, March 1, 2007 02:24PM Report Comment
 

2. Surfgatinho said...

"Ben Bernanke sought to reassure the market on Wednesday that the global slide was not a sign of deeper concerns, following remarks by his predecessor Alan Greenspan about the possibility of a recession."

Poor old Ben! Greenspan really isn't making his life easy!

Thursday, March 1, 2007 02:30PM Report Comment
 

3. george monsoon said...

I got that line from newsbiscuit.com - a spoof news website. The article from the Beeb is actually fairly accurate, and since the article was published, the market has dipped another 50 points

Thursday, March 1, 2007 03:22PM Report Comment
 

4. paul said...

HAHA. I like the sentiment george. Nice one.

I can just see them with the wads of cash "no really, I insist, please take it back, just let me keep my job because my loyalty is to you alone, CEO".

No, no. They have the best to come. Those finance companies have revolving doors in the lobby for a reason - so they can boot people at as quick as they bring them in.

Thursday, March 1, 2007 03:33PM Report Comment
 

5. Popalot said...

Will bring those Notting Hill prices back in line - maybe they will lead the crash?!!!

Thursday, March 1, 2007 06:48PM Report Comment
 

6. Coturnix said...

...and somewhere in that rational heaven you've been visiting, did you happen to see a long queue of MPs writing cheques at the cash window, "66%, absurd! Have it back, here you go. We'll stand shoulder to shoulder with our constituents on this one" ?

Thursday, March 1, 2007 08:14PM Report Comment
 

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