Banks Been Bailed out

[Dominic]

As a tax payer i certainly damn well do object to the banks been bailed out by my tax money,maybe they should have cut all the CEOs bonuses as well

[Skippy]

I totally agree Dominic - why should they be entitled to massive bonuses or pay offs if the bank is in trouble?

[kallis3]

I also object to all the bonuses,golden handshakes,golden goodbyes etc that all the fat cats in the banking industry gets. It's not as though they need the money as most are on salaries of the proportions only a lottery winner could dream of.

You wouldn't mind, but any other business in trouble does not have the help that NR got, they usually go under.

[angela18]

Did you see the houses that all the fatcats from NR live in!!! beggars belief[:(!]

[chris.g]

I think it is blatantly absurd that these banks are crying about the credit crunch, how many years have these banks been making £millions profit??? Now they are feeling the pinch that the rest of us have been feeling for a while, they moan and run to the government for a handout!!!!
How many staff would have to go to pay for one of the high earners to stay???
Like every other time, it's the low earners that suffer while the one's that don't need it get more!!!

[kallis3]

You notice as well that even with the credit crunch, the big banks are still managing to file very healthy profits?

[Dominic]

yes and i would also like to know how much tax they are managing to avoid

[chris.g]

I can see them losing a lot though through the credit crunch, IVA's and Bankruptcy!!!

[Dominic]

for years we have been told that light regulation is hte best method to keep the financial system oing, well we all know where that has lead

[flowerpot]

hmm, i agrre, and now bradford and bingley are in a spot of trouble it seems, wonder who will be next and where it will all end??

flowerpot.x

[kallis3]

I think it is going to get a lot worse before it starts getting better.

[chris.g]

I agree. Without sounding flippant, the banks have had it so good for so long. The thing is it's the workers that suffer, job cuts, branch closures, etc.