Someone is earning their salary at RBoS...

[f4f3]

I can't believe that the big story tonight is the bank's ex boss and his salary, instead of the £20 billion losses the bank ran up last year, and the billions we are putting into pulling them out of the fire...

Comments

[anthrokeight.livejournal.com]

Isn't that what helped cause the economic meltdown and insane inflation in Argentina?

Although, if you're going to have a meltdown, you might as well make it happen by giving people money as opposed to shareholders.

[f4f3.livejournal.com]

Well we'd never do anything like that. We'll have quantative easing instead... From the men who brought you structured investment vehicles...

[chickenfeet2003.livejournal.com]

Well in many ways the cause of the current crisis is "insane inflation" in the US. Greenspan and the other geniuses decided that "assets" should not be included in inflation calculations. Net result, nobody took action as a result of grossly inflated real estate prices because they "didn't count".

[f4f3.livejournal.com]

Much the same over here, where smoke and mirrors persuaded most people that soaring house prices were a good thing...

[anthrokeight.livejournal.com]

Lalalalalalala no one is listening 'cause look! Piles and piles of MONEY!

[f4f3.livejournal.com]

And have you seen how much my house has gone up in value this year?