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Originally Posted by Maggy J
And how would we find that one out?Seems to me if a firm or company or business makes a loss in a year then they shouldn't be paying a bonus to ANYONE that year.Instead some belt tightening should be taking place.
But then banks don't appear to be like any other business.  |
No idea how we find that out but surely we ought to ascertain the facts before being too critical.
So if ACME insurance (wholly owned by RBS having been bought out but nothing to do with their existing banking business) makes £10bn profit due entirely to their own good business sense and judgement, they should be penalised because in another RBS business somewhere somebody made a huge cock-up? If you do that then the good people at ACME insurance who made the profit just move somewhere else and RBS as a whole (us the taxpayer in large part) loses out. How's that a good idea? That'd be like you losing out because a teacher somewhere else was carp.
Belt tightening is taking place and banks aren't like any other businesses because we're totally reliant on them and that isn't going to change any time soon whether we like it or not.