Friday, 16 October 2009
WOULD YOU TURN DOWN A £440K BONUS IF YOU WERE A BANKER?
Bankers have already forgotten the lessons of the credit crunch, it was claimed last night.
They were accused of recklessly returning to the practices that tipped the world economy towards meltdown only a year ago. Executives are queuing up to collect multi-million pound bonuses and lenders have launched a hard sell on 95 per cent mortgages, triggering a price war on the high street.
The U.S. bank, Goldman-Sachs, has posted net earnings of £1.96billion. Politicians accused banks of 'gorging' themselves on the back of the taxpayer guarantees that were used to bail them out. Their anger was stoked by the news that Goldman Sachs' 5,500 bankers in the UK are in line to pocket £440,000 each after the business revealed a three-fold surge in profits.
In a separate move, banks and building societies attempted to light a fire under the property market.
Critics point out that Goldmans and other survivors of the 2008 crash can only earn such sumptuous rewards because governments and taxpayers now provide a guarantee that they will not be allowed to fail.
But come on, WE TUT-TUT LIKE OLD SPINSTERS AT AN ORGY about Bankers' Bonuses, but if we were LUCKY ENOUGH to be in their position, 99.99% of us would grab it with two hands and RUN FOR THE FUCKING HILLS! Imagine running a company knowing you could pay yourself what you wanted because the company could never go bust. LUVERLY JUBBLY!
BLAME THE POLITICIANS, NOT THE BANKERS! (Or do you think different?)