I mean honestly? How are we letting the RBS board hold the government to ransom over massive bonuses for the people that failed to do their jobs just a year ago? Just to be perfectly honest and up front, as anyone who knows me will tell you, I wont be writing an open and unbiased comment when it comes to bankers. I think they’re scum. SCUM. It’s not just because I’m an Engineer and I add value to the economy. Real value, but because I don’t think these guys and girls are doing a service that is worth paying for. Certainly not the amounts they expect to be paid.
I can’t really add much more to the situation, except to wait, until I know all the facts (or as many as we’ll ever know) before either throwing up, or leaving the country. I find it utterly despicable that these wasters have the gall to demand millions of pounds in “bonus” (try and remind yourself what a bonus is) and are prepared to walk out if they don’t get it. These are the same people who would not have had a company / job if Mr Tax payer hadn’t stepped in with a 70% stake yet they will turn their backs and demand a bonus! Remember here that there are millions of people out of a job now, and thousands of companies down the pan because of bad banking. Great job guys.
This could be a big test of the labor government. So much politician bluff has been spewed about cracking down on “Bankers Bonuses” but now it’s reckoning day. UKFI has the veto but will they use it? Will they be able to display any sense of control? Time will tell.
(p.s. apologies to the one RBS investment banker I know. You know it’s not just you I’m picking on!)
Matt
Matt writes this blog and doesn't often have much useful to say. Matt apologizes for the rather random mix of geek, tech, thoughts, rants and information that end up in this cyber bits-n-bobs box.
Matt Likes to talk about himself in the third person