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Some Banks To Avoid Bonus System Reforms

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Some Banks To Avoid Bonus System Reforms

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pcernie

Legend

Joined: Sun Apr 26, 2009 12:30 pm
Posts: 45931
Location: Belfast

Some Banks To Avoid Bonus System Reforms

http://news.sky.com/skynews/Home/Busine ... 4101?f=rss

There's a shock :roll:

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Sun Nov 15, 2009 10:36 pm

hifidelity2

I haven't seen my friends in so long

Joined: Fri Apr 24, 2009 1:03 pm
Posts: 5041
Location: London

Re: Some Banks To Avoid Bonus System Reforms

Its total Politics and nothing will change

The current “Idea” that the FSA will be able to change contracts is totally laughable. The people with the real big bonuses will just write their contracts in Switzerland or somewhere similar so that they are not subject to UK controls

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Mon Nov 16, 2009 11:35 am

jonlumb

Spends far too much time on here

Joined: Thu Apr 23, 2009 6:44 pm
Posts: 4141
Location: Exeter

Re: Some Banks To Avoid Bonus System Reforms

Even so, the only time where it's really acceptable for this kind of restriction is with banks that have cocked it up and received public funds. I am personally of the opinion that if the bank has managed to stay afloat in the current climate without a handout then they have exhibited far more fiscal prudence than the government themselves over the whole thing and should be allowed to continue.

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Mon Nov 16, 2009 11:51 am

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