Friday, Jan 08, 2010
The only time consumers win is in a Grisham novel
Guardian: Bonus time as banks pay out £40bn
"The world's biggest investment banks are expected to pay out more than $65bn (£40bn) in salaries and bonuses in the next two weeks, reinforcing the view that it is business as usual on Wall Street and in the City barely a year since the taxpayer bailout of the banking system".
Posted by alan @ 10:49 PM (458 views) Add Comment
1 Comment
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1. Alfie said...
What a joke, its clear that neither Brown nor Obama run their countries, but the banks. After all the bank bailouts, including the scret ones for their extremely bad decisions and corrupt pratices which have brought down the financial system and the world economy, they still feel they did a good enough job to pay themselves a bonus.
Meanwhile a lot of Britain are in this false sense of wealth as interest rates are low and the value of their homes have stabalised. Yeah live in your bubble as its about to burst.