Originally posted by DodgyAgent
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Reply to: Bankers win
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Previously on "Bankers win"
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Originally posted by BrilloPad View PostEven better news for agents who do f**k all yet still somehow end up getting paid FIRST.
FTFY
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Even better news for agents who do f**k all yet still somehow end up getting paid.Originally posted by DodgyAgent View PostGood news for contractors then. The law has decided that a contract is a contract and cannot be reneged upon just because someone else does'nt think they deserve it
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Good news for contractors then. The law has decided that a contract is a contract and cannot be reneged upon just because someone else does'nt think they deserve itOriginally posted by BrilloPad View PostThe lawyers and bankers always win. Until the day of the revolution.
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Be seeing you!Originally posted by BrilloPad View PostThe lawyers and bankers always win. Until the day of the revolution.
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The lawyers and bankers always win. Until the day of the revolution.
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Bankers win
Fat cat victory: Bankers win £42million in unpaid bonuses after High Court battle
Win for 104 London investment bankers
Case brought by ex-employees of Dresdner Kleinwort against new German owner Commerzbank AG
Claims ranged from £12,000 to £1.6million
Commerzbank faces legal costs up to £20million
More than 100 City bankers today won their High Court battle for £42million in unpaid bonuses from the German banking giant Commerzbank AG.
They had accused the bank of broken promises over their share of a guaranteed bonus pool announced by Dresdner Kleinwort Ltd (DKL) in August 2008.
The case comes at a time of continuing political and public anger at fat cat bank bonuses.
But Mr Justice Owen said while the subject of such bonuses was a matter of public interest, these claims depended on a contractual clause and did not involve the wider concerns in the banking industry today.
Source: Bankers win £42million in unpaid bonuses after High Court battle | Mail Online
£20 mln legal costs in a case about £42 mln, WTF?!?!
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