The Banks are lending again!
Er, no, not to you…..don’t be daft!
The Times on-line is reporting that RBS, which is 68 per cent owned by taxpayers after a £20 billion government bailout, is offering its staff loans against the bonuses that they are owed but which have been deferred until 2010 under a deal with the Government.
Remember how you cheered when you heard that Gordon Brown was going to stop tax payers money being used for cash bonuses?
Indeed it is not; it is being used for loans, just like Gordie wanted……..to bank staff who should have got a cash bonus…..
February 21, 2009 at 21:07
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my partner was made redundant by RBS and she’s not even a banker in the
sense that she’s not in finance but IT – how many fucking bankers/
financiers/spivs and brigands have lost their jobs? Fred?
How come no one in the poxy BBC hasn’t lost their job yet? In the media in
general? They’re not fucking important?????
- February 21, 2009 at 12:40
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I knew I should have kept that respectable bank job I had at 17. My mother
never forgave me for quitting.
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February 21, 2009 at 11:38
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The bank lends its employees taxpayers’ money to pay their mortgages so
that the bank doesn’t have to repossess the homes of the staff it has working
for it.
- February 21, 2009 at
02:36
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And while they bail out the bankers and practice double standards, the
vulnerable suffer. I know the following is a US article but the same rules
apply: http://www.washingtonpost.com/wp-dyn/content/article/2009/02/19/AR2009021903512.html?referrer=emailarticlepg
- February 21, 2009 at 00:30
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Another bit of news is that the bank has hired Morgan Stanley to help in
the sale of its Asian assets. RBS operates in more than 15 countries across
Asia. Its shares are now down to a meagre 19p.
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February 21, 2009 at 00:32
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