A lot of talk also right now about big bonuses being paid to bankers. While the rest of us are getting our eyes gouged out by the recession, the very people who started it all are being rewarded. I dont see what all the big deal is, we own most of the major banks, so the government just makes clear that if there are any bonuses paid this year theyll be calling a shareholders meeting the next day, where they (as the largest shareholder) will then move to sack the entire board of directors of the bank…with no golden parachute or pension, just a boot out the door.
As far as the banks who arent part of the government bailout (many of whom, like Barclays still wont be in business if it werent for government help) make it clear theyll be persona non-grata at the treasury from now on, not invited to briefings, subject to regular sneak audits of their leading shareholders & account holders accounts, basically anything the government can do to depress the share price of the banks, and deter wealthy customers from doing business with them, thus eliminating next years bonus. Im pretty sure that would sort the matter out, why all this pussy footing around?
My only conclusion is the Tory government wants the bankers to get their bonuses, because lets face it most of the bankers vote Tory and the conservatives need the money on the off chance they fall out with the Lib dems and we have an early election.
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