Thursday, October 15, 2009

Curbs? What curbs? Bankers still getting massive bonuses...

International banks have signed up to supposedly 'tough new rules' - but have still found a way to hand out record bonuses.

Bank of America, Goldman Sachs and JP Morgan are among 11 banks to sign up to the G20 recommendations drawn up last month, treasury officials said yesterday.

The rules are intended to stop bankers being paid vast bonuses for taking short-term risks. More...

Don't miss:

  1. Lehman Brothers, the bank that bust the boom...
  2. The greatest scam in the history of the world...
  3. Goldman Sachs are scum...
  4. No bonus? No problems! Bankers get hefty pay rise...
  5. AIG bonuses "staggering in size", 7 execs received $7m each...

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