Friday, February 20, 2009
Beware of the banksters!
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Global Rage at Bankers' Bonus Excesses
By SPIEGEL Staff
Banks around the world may have made huge losses and be reliant on state bailouts to survive, but they're still paying out huge bonuses to their top staff. The popular outcry against the greed is growing -- but few bankers are willing to go without the cash.
Investment banker Stefan Jentzsch was far away, recovering from the exertions of the previous year on a yacht somewhere in the Caribbean, when the banks almost collapsed -- and his world fell apart. -- /snap/ [link]
Global Rage at Bankers' Bonus Excesses
By SPIEGEL Staff
Banks around the world may have made huge losses and be reliant on state bailouts to survive, but they're still paying out huge bonuses to their top staff. The popular outcry against the greed is growing -- but few bankers are willing to go without the cash.
Investment banker Stefan Jentzsch was far away, recovering from the exertions of the previous year on a yacht somewhere in the Caribbean, when the banks almost collapsed -- and his world fell apart. -- /snap/ [link]
Labels: Bankers, bonuses, gangsters
¶ Friday, February 20, 2009
