is it right that the government still allows the bailed out banks to get huge bonuses?
whilst the rest of the Uk face vast spending cuts and jobs loses. The head of Barclays today argued that the 'period of remorse and apology for banks needs to be over' - just a day after it emerged he is likely to receive a payout of £9million this year. Bob Diamond, who claimed yesterday that the size of his bonus is evidence of 'financial restraint', told MPs that banks 'needed to be able to take risks' and that the 'blame game should be put behind us'. . .
Asked By: Just for Laughs - 1/11/2011
Best Answer - Chosen by Asker
No this is way out of line... More
Answered By: noeusuperstate - 1/11/2011
Additional Answers (4)
No, banks in the USa are getting mega big bonus cash also, it is pure BS.
Answered By: Blood N Iron - 1/11/2011
Yes Bob Diamond is correct..is it a coincidence that bankers bonus's should pop up again on the day that yet another thieving MP appears in court accused of stealing public money
Answered By: Facile Princeps - 1/11/2011
Can Americans seriously say that Bankers EARN what they award themselves in bonuses? Or is it not just pure GREED on their part? How much would a banker need to get in bonus before you consider it to be GREED rather than EARNED? The banks have already caused the worlds worst recession and the biggest debt in America... More
Answered By: Alan - 1/11/2011
The UK government is against it, but legislating creates the liklihood of the banks deserting Britain, and then we really are up the creek economically. Be content that the miscreants will be paying 50% tax on any sum received, but I'm sure the banks will find a way round that too.
Answered By: Duffer - 1/11/2011
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