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	<title>A Car Too Far &#187; banks</title>
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		<title>Who is proud of our Financial Services industry?</title>
		<link>http://www.acartoofar.co.uk/general-chat/who-is-proud-of-our-financial-services-industry/</link>
		<comments>http://www.acartoofar.co.uk/general-chat/who-is-proud-of-our-financial-services-industry/#comments</comments>
		<pubDate>Thu, 03 Dec 2009 21:49:16 +0000</pubDate>
		<dc:creator>Matt</dc:creator>
				<category><![CDATA[General chat]]></category>
		<category><![CDATA[Rant]]></category>
		<category><![CDATA[aweful]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[investment bankers]]></category>

		<guid isPermaLink="false">http://www.acartoofar.co.uk/?p=213</guid>
		<description><![CDATA[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 <a href='http://www.acartoofar.co.uk/general-chat/who-is-proud-of-our-financial-services-industry/'>[...]</a>]]></description>
			<content:encoded><![CDATA[<p>I mean honestly? How are we letting the <a href="http://www.timesonline.co.uk/tol/news/politics/article6942789.ece">RBS board hold the government to ransom over massive bonuses</a> 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&#8217;re scum. SCUM. It&#8217;s not just because I&#8217;m an Engineer and I add value to the economy. Real value, but because I don&#8217;t think these guys and girls are doing a service that is worth paying for. Certainly not the amounts they expect to be paid.</p>
<p>I can&#8217;t really add much more to the situation, except to wait, until I know all the facts (or as many as we&#8217;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 &#8220;bonus&#8221; (try and remind yourself what a bonus is) and are prepared to walk out if they don&#8217;t get it. These are the same people who would not have had a company / job if Mr Tax payer hadn&#8217;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.</p>
<p>This could be a big test of the labor government. <a href="http://news.bbc.co.uk/1/hi/business/8392791.stm">So much politician bluff has been spewed about cracking down on &#8220;Bankers Bonuses&#8221;</a> but now it&#8217;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>
<p>(p.s. apologies to the one RBS investment banker I know. You know it&#8217;s not just you I&#8217;m picking on!)</p>
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