Banker's wages to be cut by up to 90%

[rov1200]

http://news.bbc.co.uk.../business/8319674.stm

Obama has decided to cut the wages of top bankers in the US that received government assistance by up to 90%.

Brown is refusing to do so.

Why?

[TTG]

Needs the votes.

[ummmm]

What...bankers vote labour?

[jake-the-peg]

Well Obama's not really is he - he's just making them take them as shares

[TTG]

Sorry I did not see was a b at the beginning of "bankers".

[buildersmate]

Sir Fred ran off with his pension pot under his arm before anyone in Government realised. So Gordon unfortunately can't touch him

[rov1200]

Thirteen former employees of Dresdner Kleinwort (German?) sued the bank over reduced bonuses but lost. Why are we just sitting on our hands and doing nothing. Could it be due to the fact that Brown will be ejected soon and is thinking of his future in the banking industry?

[rov1200]

Zeuhl I think your referring to Lord Myners. He is still advising government even after this fiasco.

http://www.guardian.c...n-rbs-pension-defence