Friday, Dec 19, 2008
Why didn't Gordon think of this to pay our pensioners!
BBC: Worthless assets used for bonuses
About 2,000 investment bankers will have their payouts linked to assets with a notional value of 5bn Swiss francs ($4.6bn; £3.1bn).
The leveraged loans and debt based on commercial mortgages in the fund currently have little market value.
Posted by cheekie charlie @ 08:11 PM (121 views) Add Comment
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