Tuesday, March 02, 2010

Taxpayer Supported Banker Theft

The banks have been bailed out by the government (the people, the taxpayers). Banker are stealing the taxpayer's wealth through outrageous bonuses.


RBS paid £1.3bn bonuses on profit of just £1bn
Royal Bank of Scotland paid its investment bankers £1.3bn in bonuses for making just £1bn in profit last year, not the record £5.7bn declared last week.
By Philip Aldrick

...
Stephen Hester, chief executive, used the performance to justify the £1.3bn bonuses paid to investment bankers, at least 100 of which received more than £1m.
...

No comments: