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Bonus buck stops with Brown...
BlondeHeadOn
Posts: 2,277 Forumite
... From here:
http://www.bbc.co.uk/blogs/thereporters/robertpeston/
When Gordon Brown entered Parliament more than 25 years ago, did he ever in his wildest dreams believe he would have to decide on the bonuses of 177,000 bankers?
Because that's what the prime minister - in partnership with the Chancellor, Alistair Darling - will have to do in the next few weeks.
.....
... will Gordon Brown wish to be seen to be sanctioning bonuses running to several hundred million pounds at a bank taken to the brink of collapse by its crazy loans and investments?
It's the kind of dilemma that would make even the toughest prime minister weep.
I was almost in tears at this (NOT!)
http://www.bbc.co.uk/blogs/thereporters/robertpeston/
When Gordon Brown entered Parliament more than 25 years ago, did he ever in his wildest dreams believe he would have to decide on the bonuses of 177,000 bankers?
Because that's what the prime minister - in partnership with the Chancellor, Alistair Darling - will have to do in the next few weeks.
.....
... will Gordon Brown wish to be seen to be sanctioning bonuses running to several hundred million pounds at a bank taken to the brink of collapse by its crazy loans and investments?
It's the kind of dilemma that would make even the toughest prime minister weep.
I was almost in tears at this (NOT!)
0
Comments
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they should be made to hand over there car keys and land registry documents not rewarded0
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Do you really think that RBS has 177,000 bankers?
Most of those people will be support staff such as secretaries, clerks and account managers rather than "bankers". Contrary to common belief, not everyone who works for a bank earns a huge salary - most are paid the same as for similar jobs in other industries.
And is a £500 bonus to someone who has worked hard and met their targets really all that unreasonable?0 -
Do you really think that RBS has 177,000 bankers?
Most of those people will be support staff such as secretaries, clerks and account managers rather than "bankers". Contrary to common belief, not everyone who works for a bank earns a huge salary - most are paid the same as for similar jobs in other industries.
And is a £500 bonus to someone who has worked hard and met their targets really all that unreasonable?
Yes,
The business has failed. Without state aid there would be no bonus or job.0 -
Do the Banks have any sympathy with businesses that have been built up by hard work and hit a temporary cashflow problem?0
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