Cable Forum - FSA will be able to 'tear up' bankers contracts

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Osem	15-11-2009 10:35

FSA will be able to 'tear up' bankers contracts

http://news.bbc.co.uk/1/hi/uk_politics/8361015.stm

Aside from the fact that there'd probably be protracted legal challenges to any such action and it'll probably never happen, I wonder if Brown and Darling would like to apply such common sense measures to the generous perks enjoyed by those in Westminster whose abject failures contributed so much to this crisis. Clearly such people shouldn't be rewarded with solid gold, diamond encrusted pensions or seats in that well known tax payer subsidised gentleman's club the House of Lords...

papa smurf

15-11-2009 10:40

Re: FSA will be able to 'tear up' bankers contracts

Quote:

Originally Posted by Osem (Post 34909971)

if one has failed and failed to the best of one's ability then one deserves to be rewarded doesn't one.

Derek

15-11-2009 10:40

Re: FSA will be able to 'tear up' bankers contracts

Oh look its a plan announced to the papers by Labour which has absolutely no chance of happening and is a shameless attempt to try and win some votes.

Woolly One

15-11-2009 11:00

Re: FSA will be able to 'tear up' bankers contracts

Quote:

Originally Posted by papa smurf (Post 34909974)

if one has failed and failed to the best of one's ability then one deserves to be rewarded doesn't one.

I only wish that it was the same in our world. :D

Earl of Bronze

15-11-2009 11:18

Re: FSA will be able to 'tear up' bankers contracts

Yep, looks like a load of old tosh that is ment as an attention grabber, not as any meaningful policy....

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