Realistbear Posted October 10, 2010 Share Posted October 10, 2010 http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8053080/Senior-bankers-lobby-global-regulators-to-help-keep-Britain-competitive.html Senior bankers lobby global regulators to help keep Britain competitive A small group of London's most senior bankers have held a series of secret meetings on banking pay to convince regulators and politicians not to put the UK at a disadvantage on the world stage reduce bonuses. By James "Jimi" Quinn Published: 9:02PM BST 09 Oct 2010 The group – led by Marcus Agius, Barclays chairman; John Varley, Barclays outgoing chief executive; and Sir Philip Hampton, chairman of the Royal Bank of Scotland – are lobbying the world's leading financial regulators to reach a workable solution which will not handicap British banks against their international peers. Perhaps they will meet the "Elliott Ness" of the hitherto non-existent world of bank regulation? FSR, I do not expect that banksters to roll over yet as their network has global reach and the families are still strong. Quote Link to comment Share on other sites More sharing options...
Mikhail Liebenstein Posted October 10, 2010 Share Posted October 10, 2010 http://www.telegraph...ompetitive.html Senior bankers lobby global regulators to help keep Britain competitive A small group of London's most senior bankers have held a series of secret meetings on banking pay to convince regulators and politicians not to put the UK at a disadvantage on the world stage reduce bonuses. By James "Jimi" Quinn Published: 9:02PM BST 09 Oct 2010 The group – led by Marcus Agius, Barclays chairman; John Varley, Barclays outgoing chief executive; and Sir Philip Hampton, chairman of the Royal Bank of Scotland – are lobbying the world's leading financial regulators to reach a workable solution which will not handicap British banks against their international peers. Perhaps they will meet the "Elliott Ness" of the hitherto non-existent world of bank regulation? FSR, I do not expect that banksters to roll over yet as their network has global reach and the families are still strong. Time to nationalise them i think. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted October 10, 2010 Share Posted October 10, 2010 time to HALT bailing them. If the bonuses were truly earned from wealth, they wouldnt be needing any help whatsoever...they would indeed, be helping our economy, but they arent and therefore they dont. Quote Link to comment Share on other sites More sharing options...
Georgia O'Keeffe Posted October 10, 2010 Share Posted October 10, 2010 (edited) time to HALT bailing them. If the bonuses were truly earned from wealth, they wouldnt be needing any help whatsoever...they would indeed, be helping our economy, but they arent and therefore they dont. they surely will let them go next time, theyll have to from a sov debt and more importantly social perspective, the bailout has just given the neccessary people the opportunity to get their proverbial houses in order which they may not have done by 2008 Edited October 10, 2010 by Tamara De Lempicka Quote Link to comment Share on other sites More sharing options...
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