£50Bn+ for destroying the Worlds banking system,Is this a new Bond film plot ?
US Ref : -
Wall Street’s top banks are to receive pay deals worth more than $70bn (£40bn), a substantial proportion of which is expected to be paid in discretionary bonuses, for their work so far this year – despite plunging the global financial system into its worst crisis since the 1929 stock market crash
UK Ref : -
Bankers’ £16bn bonus bonanza
City bankers have not lost a penny of their multimillion-pound bonus packages so far, despite the credit crunch which has caused the worst financial crisis in 80 years, new figures show.
The UK figures are astounding. £37bn bail out – yet city bonuses amounted to £17bn last year alone. Go figure.
Would that it were a bond film plot – unfortunately it is all too real. We couldn’t ignore the plight of the banks without generating global meltdown. So they had to be bailed out come what may. However I think we all feel ripped off.
Corruption corruption everywhere and not a drop of integrity. I think the unacceptable face of capitalism must have a day of reckoning soon – surely?
KMA Global Solutions International, Inc. (KMAG) Penny Stock Trading Chart_4/26/2013