Another bank joins in the billion pound bonus disgrace. Now, normally I wouldn’t be too concerned about bankers receiving bonuses but these particular banks are either part or almost fully owned by the tax payer, so we are forking out the billions for the their bonuses.
Royal Bank of Scotland announced recently that they were giving bonuses (RBS is 80% owned by the tax payer) and now Lloyds Banking Group are saying they expect their boss, Eric Daniels to do the same (they are 41% owned by the tax payer).
I’ve attached 2 articles for your perusal. I cannot remain objective on this, these people make millions in salaries, now they want millions more in bonuses, and in many cases, the same again in shares! It’s daylight robbery. They really think they can get away with it and you know what? The awful truth is they can.
The government is so scared they’re willing to do anything to keep these (alleged) blackmailers around!
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