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

rov1200 | 16:19 Thu 22nd Oct 2009 | News

8 Answers

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?

No sympathy for theRussian Bear Trainer

Lets give Nick a chance

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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

Question Author

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?

-- answer removed --

rov1200

Question Author

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

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