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Please play nicely.  No one wants to listen/read a keyboard warriors rants....

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Author Topic: RBS  (Read 1440 times)

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mudflap

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Re: RBS
« Reply #15 on: 26 February 2010, 08:07:31 »

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84% state (taxpayer ....you and I owned)....1.3 billion in bonus payments ........an average of £75,000 per investment banker....
Why oh why are  bankers rewarded for failure and ineptitude.?........ :( :( :( :(
Where else in the real world does this happen?. :-/


..they reckon they have to pay out top bonusses to keep the "good people"....

lord knows, what are the bad people like  :(

.
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Banjax

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Re: RBS
« Reply #16 on: 26 February 2010, 08:27:06 »

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Exactly. They lost a lot of them to other banks last year, any employer in a competitive marketplace has to pay the rate for the job. I think people get sucked into the politics of envy because these people have more noughts on the end of their salaries than the ret of us. The fact is that if its as easy as a lot of people think it is then why dont they scrape together all the money they can lay their hands on and play the markets with it, they could all be very rich very quickly surely ? ;)

not true Albs, the game is rigged hedge, funds play win win scenarios - they're smart but if you can't lose (you're gambling other peoples money remember) theres no risk therefore it feeds into the natural grasping nature of the city, and now they'll be further emboldened as they know we won't let them fail - this myth that you have to pay  to get the best is utter bs - it was the "best" that engineered this mess, can you honestly say that you'd do a worse job if you were on £500k a year than £1m? unfortunately, despite all the evidence we're all to quick to believe that ultimately capitilism benefits all....sadly it just benefits the rich who in turn pay accountants a shedload to avoid taxes. we came within a few hours of total banking collapse - i wonder if letting them fail would be worse?
i'd say to the bankers - the next large bank that fails - we're not stepping in and to hell with the consequencs, people are rightly sick of the greed and self serving of these spivs 
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50 bucks!?! For 50 bucks I'd put my face in their soup and blow!!
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