BOARD AT RBS THREATEN TO RESIGN EN MASSE IF THEY CAN'T PAY BONUSES!

STEPHEN HESTER, CHIEF EXECUTIVE OF RBS

Royal Bank of Scotland directors were accused of holding taxpayers to ransom last night over plans to pay huge bonuses.  The board has threatened to resign en masse if the Treasury blocks the payments.
The row is over an estimated £1.5billion bonus pool for staff at the investment arm of the bank, which is largely owned by the public.


The pool is around 50 per cent bigger than last year and would give 20,000 bankers the equivalent of three times the national average salary each.  The Treasury has demanded a veto, following the taxpayers' £45billion bailout of the Edinburgh institution, but board members say their lawyers tell them they would have to resign if they lost the power to set pay levels.

ALISTAIR, CALL THE BASTARDS' BLUFF.  Let them resign and we'll see how they get on then.  HESTER is on a £10MILLION DEAL.  DO YOU SERIOUSLY THINK HE IS GOING TO JEOPERDISE THAT.   WHAT WOULD HIS WIFE SAY?

DARLING'S CLAMPDOWN IS SHITE!

Labour threats to tear up the contracts of bankers given excessive bonuses were dismissed as ‘window dressing’ last night, as it emerged they would affect almost no one.



Chancellor Alistair Darling said the Financial Services Authority would be given tough new powers to veto bankers’ contracts if they included bonuses that could lead to excessive risk-taking and endanger the stability of the banking system.


But the Treasury last night admitted that there would be no absolute cap on the scale of bonuses and the measures will do absolutely nothing to STOP THE £6 BILLION IN BANKERS' BONUSES coming in the next few weeks.


OH HERE, HAUD ON!  There must be some FUCKING MISTAKE!  BROWN said he had this MATTER IN HAND and we COULD TRUST HIM! 

That's UNBELIEVABLE!  The BASTARD!

WOULD YOU TURN DOWN A £440K BONUS IF YOU WERE A BANKER?

THE ENTRANCE TO GOLDMAN-SACHS BANK IN LONDON WITH TWO LUCKY FUCKERS COMING OUT.

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?)