Friday, February 6, 2009

Petition to prevent bankers getting bonuses

Petition to: prevent bonuses or over-inflation salary increases being paid to employees of banks

Sign up if you believe the bankers shouldn't be rewarded for this economic mess. Sign up today because procrastinators unite tomorrow!!

Posted by neil @ 09:41 PM (777 views)
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2 thoughts on “Petition to prevent bankers getting bonuses

  • The bankers shouldn’t gain extra bonuses because they shouldn’t have been bailed out in the first place. Soviet style price and wage controls are the endgame of bailouts and nationalization. Bankruptcy would have re-distributed bank assets in the free market, purging worthless assets, placing good assets in productive hands. This should have been allowed to happen years ago, but accounting laws were relaxed to mask it for so long.

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  • Enter_the_zone says:

    A bonus is something you get if your contribution to your company helps it in doing well financially.The clue is in the name, it’s a bonus : you aren’t entitled to it.

    They blah blah about having to pay them bonuses so the worlds best bankers don’t leave. What a load of BS. The worlds “best bankers” invested so stupidly they damn near caused a complete economic collapse. If they had a single functioning brain cell between them, this problem would never have happened. Plenty of private investors and hedge funds are doing just fine, despite the downturn, precisely because they predicted it.

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