Public must learn to 'tolerate the inequality' of bonuses, says Goldman Sachs vice-ch

[Alf W]

Controversial

[Peoplesoft bloke]

That's a hilarious article. This berk says that paying a load of gits a fortune is a longer term investment in prosperity for us all - yeah right.

Apparently, if we moan we're being short termist. But these big bonuses are being paid to people who make the maximum gains in the shortest possible time, they aren't being rewarded for longer-term investment at all.

I'm always suspicious of people who threaten that they'll all piss off to Switzerland. If you're serious about being here, stay, but don't keep threatening to go - how long would you last at Tescos if you were a checkout operator threatening to go to Co-op for an extra 10p an hour?

Phil Collins carried this threat out, and are we really the poorer without him?

[_V_]

If you pay me £50M bonus I promise to spend it all, benefiting all of society.

Only fair I think.

[TimberWolf]

I've lost track. Is it their or tax payers money these bonuses are being paid from?

[AtW]

I've lost track. Is it their or tax payers money these bonuses are being paid from?

It became their money as soon as taxpayers paid them in.

HTH

[threaded]

The bankers invented the money, so it was their all along.

[BrilloPad]

I work in an IB : but I cant understand why retailo/investment are not split?

And make banks to be small enough so they can fail........

[NoddY]

All you need to know is that they have robbed you of your future.

[TimberWolf]

Well I hope they at least send us postcards of them enjoying themselves with the loot.

[_V_]

Well I hope they at least send us postcards of them enjoying themselves with the loot.

http://1.bp.blogspot.com/_mJmwQtPmus...00/bankers.jpg

Wish you were here?