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Old 23rd July 2008, 08:42   #12
Mike Hunt
Lurker not a fighter
 
Join Date: Apr 2008
Posts: 54
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Quote:
Originally Posted by SomeoneElse View Post
I haven't heard this from anyone else, and I would have thought it'd have made a news article somewhere. Do you have a link?

As to the money not being with the big banks is rubbish. A 10% cut on 650pd is still miles ahead of comms/law/ins in the same(ish) role.

I dont have a link but it was my previous contract and I know many contractors first hand who suffered the reduction within Deutsche. If you dont believe me ring Deutsche and they will be happy to tell you about their exposures to the market and huge sub prime losses

20% of 650pd based on 20 day month =2600 quid, considerable enough Id say
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