From Pine View Farm

The Entitlement Society 1

Remember that the Brits bailed out RBS the way the States bailed out AIG.

This is bogus, not bonus:

The directors of Royal Bank of Scotland are threatening to resign if the government stops them paying bonuses of £1.5bn to staff in its investment arm.

What’s the big deal?

They did a great job running RBS into the ground. If they walk, they won’t be able to do it again.

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1 comment

  1. Karen

    December 3, 2009 at 10:43 am

    I read somewhere that Britian was breaking up the “too big to fail” banks, so they couldn’t pull the same crap again.

    I don’t get it, how anyone in the position the bankers are in, feeling they need huge pay or bonuses. How do they get the audacity?