Quote:
Originally Posted by papa smurf
i heard on the radio that the worry is that the talent in the banks will leave Europe 
what talent ? most of the banks have gone belly up ,i cannot understand why anyone would reward such incompetence with such massive bonuses  |
Thats what makes me say its bluff. The City finance is damaged reputation you only got see about comments JP Morgan said about that department cost them billions.
Has Bob diamond got new employment yet as example. If he has then the stampede could be on. If has no top job then there good argument its just hot air threats.
If we see where the top players go after damaged reputation you will get indication if cameron right.
Problem is although it might harm us now in long run might be healthy. We may restrategise our country.
invest in proper training for range skills to work in manufacturing such as engineers. Creating pool of all sorts labour for our businesses to be able to use. Maybe those businesses pay small fee a year to use the skilled labour government funded. With pool skilled ederly who could be paid to hand down there talented knowledge help train this new army of labour.
Create investment banks and have banking system which functions does not waste it on banking casino style.