RBS bankers get £950m in bonuses despite £1.1bn loss

[TimberWolf]

I've repped you both for some most excellent banker bashing, which should be a national sport.

However in the interests of 'fairness' I might also take this opportunity to pass on some also excellent looking comments that take an interestingly diametric position on the issue of the parasitic bwankers and their ill gotten games and who should be jailed rather than handsomely rewarded for their work, posted on HPC:

Hang on, bonuses are taxed as income, are they not? And at the higher rate, so the net tax take would be higher on bonuses than on corporate profits, yes? So why the fook does everyone keep whinging about bank bonuses?
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Absolutely - and RBS has so many losses to carry forward, they won't be paying corp tax in the UK for a long while. This way, the State collects 50% of the money back in taxes - which goes towards paying off the 'equity' (read made up printed balance sheet money) put into it.

Royal Bank Of Scotland To Pay Nearly $1.5Bn In Bonuses After Losing $1.7Bn - House Price Crash forum

[Mich the Tester]

I've repped you both for some most excellent banker bashing, which should be a national sport.

However in the interests of 'fairness' I might also take this opportunity to pass on some also excellent looking comments that take an interestingly diametric position on the issue of the parasitic bwankers and their ill gotten games and who should be jailed rather than handsomely rewarded for their work, posted on HPC:

Good quote.

That really is a fine example of wbanker logic. Bank loses bazillions of pounds. Government give bank bazillions of pounds and guarantees all dodgy investments. Bank takes bazillions, gives them to wbanker, who pays 50% in tax to government. Isn´t wbanker generous and shouldn't we all be grateful to wbanker?

FFS

[TimberWolf]

Good quote.

That really is a fine example of wbanker logic. Bank loses bazillions of pounds. Government give bank bazillions of pounds and guarantees all dodgy investments. Bank takes bazillions, gives them to wbanker, who pays 50% in tax to government. Isn´t wbanker generous and shouldn't we all be grateful to wbanker?

FFS

You left out the bit about government minister gets to be a bwanker when he fooks up in office. Everyone is a winner.

[Mich the Tester]

You left out the bit about government minister gets to be a bwanker when he fooks up in office. Everyone is a winner.

We've given them enough chance to learn from the errors of their ways. Time to start shooting the bastards.