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RBS

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whispering
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Finland
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Posted - 2009/10/19 :  10:10:14  Show profile Send a private message
For the UK people:
How does it feel as a 70% shareholder of Royal Bank of Scotland to pay 4 billion pounds in bonuses to the people that caused this economic mess in the first place?

http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article6879558.ece

Its like business as usual.


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Wilky
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United Kingdom
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Posted - 2009/10/19 :  11:12:25  Show profile  Visit Wilky's homepage
papers make things up and over exagerate.. its a business.. what is the purpose of a business?

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whispering
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Posted - 2009/10/19 :  11:16:43  Show profile  Send a private message  Visit whispering's homepage
quote:
Originally posted by Wilky:
papers make things up and over exagerate.. its a business.. what is the purpose of a business?



To make money. RBS didnt make money, taxpayers paid so that it could stay up, now they use the money to pay for the execs bonuses, evethough they screwed up. When the bank does well their all for capitalism, when they do badly their all for socialism. So the taxpayer gets buttraped everytime, I'm suprised this doesnt make you angry?


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Edited by - whispering on 2009/10/19 11:17:47
Triquatra
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United Kingdom
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Posted - 2009/10/19 :  12:35:22  Show profile  Send a private message  Visit Triquatra's homepage
how does it feel?
i dont have many good feelings about anything but our music scene in this country - lets put it like that.





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snerkler
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United Kingdom
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Posted - 2009/10/19 :  13:07:28  Show profile  Send a private message  Visit snerkler's homepage
Don't get me started on this subject. There are far too many people who are overpaid in our country, starting with Footballers. And yes I'm a huge football fan but it still riles me how much they earn. Nobody can ever convince me that they deserve this kind of money, or anything close to it :-/

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Wilky
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Posted - 2009/10/19 :  17:52:33  Show profile  Visit Wilky's homepage
i'd probs so the same if i could lol.. who wouldnt?


live is full of corruption.. lyin decenting bastards... thats why it doent bother me


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whispering
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Posted - 2009/10/19 :  18:09:12  Show profile  Send a private message  Visit whispering's homepage
quote:
Originally posted by Wilky:
live is full of corruption.. lyin decenting bastards... thats why it doent bother me



...and THAT is why they can do it, nobody cares (or not enough people to be exact). Its like they say, people get the government they deserve.


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Edited by - whispering on 2009/10/19 18:09:44
Wilky
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Posted - 2009/10/19 :  18:17:49  Show profile  Visit Wilky's homepage
quote:
Originally posted by whispering:
quote:
Originally posted by Wilky:
live is full of corruption.. lyin decenting bastards... thats why it doent bother me



...and THAT is why they can do it, nobody cares (or not enough people to be exact). Its like they say, people get the government they deserve.



very true... nothing can be done about it tho


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acidfluxxbass
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United Kingdom
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Posted - 2009/10/19 :  19:14:49  Show profile  Send a private message  Visit acidfluxxbass's homepage
RBS was a joke from the start.. the owners were criminals. they were soaking up money and spending it until eventually flopped, and the owners could walk away with cash in their pockets...

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TheOneNOnly
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United States
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Posted - 2009/10/19 :  20:16:42  Show profile  Send a private message  Visit TheOneNOnly's homepage
I thought I wouldn't be able to understand what you guys would talk about in this thread, hence I do not live over there.

Surprisingly, I guess I should say unsurprisingly, it's about corrupt bankers going in for the money, not caring what happens to the bank. Knowing the tax payers will catch them, and if that fails, they still have their money!

However pessimistic Wilky may be, I agree with him. People are corrupt, and go mad with power, in my many things tied and not tied to a countries infrastructure. However, I agree with Whispering. People either need to put their foot down at one point or another; otherwise shit breaks loose.

And, seemingly (don't know the exact numbers, etc. Don't live there, blah blah these aren't facts /coversownass) very few people...I wouldn't say don't care, they do. That's their money going into taxes, but...hmm..very few people say anything about it outside the comfort of their own friends/family.

So, it's just a bad structure in the first place. People bitch, and complain, but they don't actually DO anything about it. The few that do aren't enough, and it just crumples within itself. Letting these bad businessman, who I like to call con masters, make their way up, then watch it tumble down as they walk away with millions in their pocket.

Good 'ol fun.


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whispering
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Finland
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Posted - 2009/10/19 :  20:36:23  Show profile  Send a private message  Visit whispering's homepage
quote:
Originally posted by TheOneNOnly:
So, it's just a bad structure in the first place. People bitch, and complain, but they don't actually DO anything about it. The few that do aren't enough, and it just crumples within itself. Letting these bad businessman, who I like to call con masters, make their way up, then watch it tumble down as they walk away with millions in their pocket.

Good 'ol fun.



http://www.msnbc.msn.com/id/29815039/

At least there they try :p A 90% tax would have been so ironic.


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Edited by - whispering on 2009/10/19 20:39:34



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