Originally posted by BrilloPad
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Bankers cannot have it both ways
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Originally posted by BrilloPad View Postthe banking system cannot be allowed to do whatever it might like without interference. It cannot have it both ways - complete freedom of action in pursuit of profits - and taxpayer support to cushion losses.
taken from http://www.telegraph.co.uk/money/mai...31/ccom131.xml
Looks like bankers need a taste of their own medicine to me.
Warning! You savings may not be safe!
"I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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Originally posted by AtW View Post
Naturally the price for this would be tens of thousands jobs lost in the City, but I am sure the whole country will their hearts bleeding for them.
But not all of those people will be traders on ridiculous salary bonus schemes though will they? A lot of it will be back & middle office peeps on small(er) salaries.
The outlook for Essex doesn't look good."See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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Originally posted by Moscow Mule View PostA lot of it will be back & middle office peeps on small(er) salaries.Comment
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Originally posted by AtW View PostTrue. However these people were taking part (knowingly or not) in a big scam, it is only fair they face the consequences of it even though obviously these people are not the most guilty party in this but you simply can't expect a sustainable job of a coder supporting exotic derivatives tulip that is now causing big losses.
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("")("") Born to Drink. Forced to WorkComment
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Flippin' heck - it must have been verging on the criminal to tweak a contractor's conscience!"I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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Originally posted by cojak View PostFlippin' heck - it must have been verging on the criminal to tweak a contractor's conscience!
just not against the law
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("")("") Born to Drink. Forced to WorkComment
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Originally posted by cojak View PostFlippin' heck - it must have been verging on the criminal to tweak a contractor's conscience!Comment
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