Jump to content
House Price Crash Forum
skomer

Goldmans Sachs Cuts London Bankers Pay

Recommended Posts

http://www.guardian.co.uk/business/2011/aug/25/goldman-sachs-cuts-bankers-pay

Some choice quotes...

"...These days, when a banker doesn't get a bonus, they no longer leave automatically. They've got their salaries to fall back on – and, really, there's nowhere else for them to go" :blink:

Still an 'average' wage there is only £263,000 ... it must be hard for them....

Share this post


Link to post
Share on other sites

http://www.guardian.co.uk/business/2011/aug/25/goldman-sachs-cuts-bankers-pay

Some choice quotes...

"...These days, when a banker doesn't get a bonus, they no longer leave automatically. They've got their salaries to fall back on – and, really, there's nowhere else for them to go" :blink:

Still an 'average' wage there is only £263,000 ... it must be hard for them....

But I agree with you Mr Skomer, These guys (and gals) may be bright, but they are no Mozarts/ Riemanns!

They were lucky, and maybe may not be so much more!

Still I wish I had been "lucky"? :huh:

Share this post


Link to post
Share on other sites

They are cutting the salaries of people in "Group". For those of you who have ever worked in a big company, Group are the slightly ineffective guys and girls at the top who set policy and direction etc. Very removed from the coal face and unlikely to be the recipients of the big-boy bonuses. Glorified admin staff.

Hardly a cause for celebration that some pain is being felt by that demographic.

Share this post


Link to post
Share on other sites

How can people be so bad at their jobs and still fetch that salary?

You just as well employ some 6 year olds for 10p and hour and still have the same outcome for the banks.

What this actually is - is a signal from the Goldman boardroom to go back to their evil, reckless and fraudulant ways at any cost for their annual Bonum.

The City remains deliberately unregulated by our poxy, ineffectual, leaders - waiting to take their directorships after resigning as MP's and 'Cabinet' de toilette - our 'privy' Council Class

Edited by erranta

Share this post


Link to post
Share on other sites

What this actually is - is a signal from the Goldman boardroom to go back to their evil, reckless and fraudulant ways at any cost for their annual Bonum.

The City remains deliberately unregulated by our poxy, ineffectual, leaders - waiting to take their directorships after resigning as MP's and 'Cabinet' de toilette - our 'privy' Council Class

Right on. Did you notice that Mandelson is just another one who's got a multimillion pound salary at one of the big investment banks. A 'labour' polititian. arf.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.