Tuesday, August 3, 2010

Pillaging the people results in big scum banker bonus's

Remember the bank bailouts? Using taxpayers money? Lots of it.
To which taxpayers are now vastly in debt for? To the bankers, of course.

This should warm your deeply tax indebted heart....

Bailed-out bank chiefs on course for multi-million pound bonuses

The chief executives of banks which received billions of pounds in taxpayer bail-outs are in line to collect multi-million bonuses after a dramatic turnaround in their fortunes.

HSBC: DEFIANT BANK TO GIVE ITS FAT CATS £1.6BN BONUSES

GLOBAL banking giant HSBC has defied calls to end the financial sector’s “fat cat” bonus culture by setting aside £1.6billion for its investment bankers.
A spokesman for the bank had this to say-

"We’re a very big bank, we employ 200,000 people around the world, of which about 50,000 are in the UK. We have obviously got to pay our people appropriately. I think our customers will appreciate that people deserve a fair wage. We believe in proper pay for proper performance.”


Proper pay, for proper performance??

Shall we read that sentence then, as the near collapse of these "to big to fail banks" followed by massive taxpayer bailouts, complete with big bank bonus's payouts, as proper performances, with proper pay?


I am asking if the bail-outs were exactly what the banks wanted and got? Bailouts that have
impoverished, indebted and enslaved the people of the world. Bailouts that allowed the bankers to go out and further game the system to their advantage?

Therefore, the bank executives were rewarded with fat scum banker bonus's for a job well done?

Cause that is the way I am reading that sentence!


3 comments:

  1. hey ap, I thought I was reading it corretly!

    ReplyDelete
  2. Hemp rope, tall trees and skittish horses.

    Buff

    ReplyDelete

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