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Andy's defending the b/w ankers again
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=6274		 Page 1 of 1
Author:  pcernie [ Sun Feb 14, 2010 12:55 pm ]
Post subject:  Andy's defending the b/w ankers again
http://news.bbc.co.uk/1/hi/uk/8514715.stm

Quote:
He said: "At the end of the day we should stop vilifying the banks and the bankers.

"If you want to attract that talent - that's global talent, not just UK talent - then you've got to pay for it."


Andy of course has seen some very nice deals as a result of his contacts in the financial sector and wider role as ambassador, allegedly...
Author:  MrStevenRogers [ Sun Feb 14, 2010 4:02 pm ]
Post subject:  Re: Andy's defending the b/w ankers again
Quote:
Yes many are trying to line themselves up some employment with the banks once they get kicked out of the government or power.


+1 …
Author:  jonbwfc [ Sun Feb 14, 2010 10:32 pm ]
Post subject:  Re: Andy's defending the b/w ankers again
pcernie wrote:
http://news.bbc.co.uk/1/hi/uk/8514715.stm
Quote:
He said: "At the end of the day we should stop vilifying the banks and the bankers.

We'll stop villifying them when they've shown they don't deserve to be villified any more. As far as I can see, they're making little or no effort along that path.

pcernie wrote:
Quote:
"If you want to attract that talent - that's global talent, not just UK talent - then you've got to pay for it."

Andy of course has seen some very nice deals as a result of his contacts in the financial sector and wider role as ambassador, allegedly...

As I've said before, we 'paid the best wages to attract the best talent' before and they managed to build a timebomb so large it not only blew some of them up, it blew a whalloping great hole in the world economy. The very idea that anyone is still using that argument just shows how little some people have learned.
Also, funny how this argument is never applied to roadsweepers or nurses or teachers, isn't it?

Jon
Author:  l3v1ck [ Sun Feb 14, 2010 10:40 pm ]
Post subject:  Re: Andy's defending the b/w ankers again
I don't mind paying them large bonuses, just based on long term results, not short term risk.
Author:  Amnesia10 [ Sun Feb 14, 2010 10:55 pm ]
Post subject:  Re: Andy's defending the b/w ankers again
Actually if they were partnerships as they were before in the 80's before the Tories deregulated then I would have no problem with what they did because they would not be endangering out commercial banks and would be playing with their own money so if they lost it they would not be able to claim anything from the tax payer. Also any money that they made would also be made without taxpayer support.
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