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TOPIC: Greedy bankers STILL don't get it.......

Greedy bankers STILL don't get it....... 29 Nov 2013 22:59 #1

  • pheony
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Greedy bankers STILL don't get it: Bonus culture returns with a vengeance as, five years after the crash, 2,700 British bankers pocket an average of £1.6million

The astonishing greed of bankers was laid bare last night as it was revealed their salaries soared by more than a third last year.
While the rest of the nation coped with an unprecedented squeeze on incomes, City workers were enjoying the high life, with the top 2,700 taking home an average of £1.6million each.
The figure – which makes Britain’s financial elite the highest paid in Europe – flies in the face of the banks’ repeated claims that they have scaled down enormous pay rewards in the wake of the financial crisis.


Allegations: Last night there were claims the sector had learned nothing from the financial crash

Last night there were claims that the sector had learned nothing from the greatest financial crash for decades – a crisis that their own greed and incompetence was in part to blame for.



The figures also follow a string of scandals at the country’s lenders over mis-selling, failing to help struggling small businesses, and rigging lending rates. Campaigners said that while City salaries have soared, ordinary families are still facing the worst squeeze on household income in living memory.
Average workers saw wages rise by a minuscule 0.8 per cent last year, well below the rate of inflation.
But figures from City-based watchdog the European Banking Authority show that last year 2,714 ‘high earners’ received salary, bonus and pension packages worth at least £830,000.

www.dailymail.co.uk/news/article-2515787/Greedy-bankers-STILL-dont-Bonus-culture-returns-vengeance-years-crash-2-700-British-bankers-pocket-average-1-6million.html
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Greedy bankers STILL don't get it....... 29 Nov 2013 23:06 #2

  • Chuck Random
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The bankers totally get it.

It's the public that don't.

They don't care how poor other people are. They just want you to believe their bullshit about "aspiration" and "wealth creation" and how we should all be in awe of the rich.
No War But The Class War
Last Edit: 29 Nov 2013 23:06 by Chuck Random.
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Greedy bankers STILL don't get it....... 29 Nov 2013 23:22 #3

  • novum
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Chuck Random wrote:
The bankers totally get it.

It's the public that don't.

Yup thats the blunt truth of it I think. :yup:
He who is without oil shall throw the first rod.
- Compressions 13.3:1
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