tag:blogger.com,1999:blog-2948538160252327076.post8688483800193568295..comments2023-11-02T15:48:50.381+00:00Comments on UK Bubble UK Economy: Fatcat bankers undermine the bailoutAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-2948538160252327076.post-85971141332799418952008-10-10T11:48:00.000+01:002008-10-10T11:48:00.000+01:00"That is the deal that other public sector workers..."That is the deal that other public sector workers accept when they sign up for a government salary."<BR/><BR/>Ho!Ho!Ho!<BR/><BR/>Public sector workers are MASSIVELY overpaid even ignoring the pensions. I mean, what kind of price could a Diversity Outreach Coordinator fetch on the market if the employer was spending their own money? Certainly wouldn't be the £35k being offered in the Grauniad's employment section, if the job existed at all.<BR/><BR/>Even nurses and the other saints would take quite a pay cut because most of the demand for their services is from people who couldn't possibly pay the bills themselves.<BR/><BR/>I'm not saying bankers deserve their cash. But at least the people who pay the price (shareholders) have the choice of throwing them out.Nick von Miseshttps://www.blogger.com/profile/03985951853422897135noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-51768137825165143492008-10-10T09:46:00.000+01:002008-10-10T09:46:00.000+01:00We know that the bankers were being silly, greedy,...We know that the bankers were being silly, greedy, crazy arrogant and duplicitous. Things cannot remain the same, and if nothing else, perhaps we will no longer be so needy. The line: we have to let them have freedom or they'll leave no longer washes, does it? I like the idea of part nationalised banks, so that 'we' have a seat on the board hopefully to stop this ever happening again. As for pay, I recall that Japanese captains of industry and banking are paid more than the average worker, but the difference is narrower. Shouldn't that be our model now? And trips to spas and treats are thumbing their noses at the people paying for their grave errors. I'll say it again: Jobseekers Allowance claimants jump through hoops once a fortnight to get their £55 per week. What are we asking of the finance sector?RenterGirlhttps://www.blogger.com/profile/12556830109922784321noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-88124307165327052022008-10-10T05:09:00.000+01:002008-10-10T05:09:00.000+01:00"Bankers should be subjected to the same wage rest..."Bankers should be subjected to the same wage restraint as civil servants." - what gold-plated, inflation linked final salary pensions? Or maybe bonuses for simply turning up to work like the Post office ran? Or guaranteed pay rises? Or a "throw a sickie" culture?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-45529033722147656132008-10-09T20:47:00.000+01:002008-10-09T20:47:00.000+01:00It does rather support my contention that a large ...It does rather support my contention that a large part of the problem is that many bankers aren't half as clever as they suppose themselves to be.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-3947711477917169592008-10-09T20:12:00.001+01:002008-10-09T20:12:00.001+01:00Bankers should be subjected to the same wage restr...Bankers should be subjected to the same wage restraint as civil servants.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-75546739376014791672008-10-09T20:12:00.000+01:002008-10-09T20:12:00.000+01:00Today's quote of the day just about sum's up this ...Today's quote of the day just about sum's up this crisis in many ways:<BR/><BR/>"The problem is they didn't know what they were buying from America."<BR/><BR/>Quoted by Mr GB on:<BR/><BR/>http://uk.biz.yahoo.com:80/09102008/140/brown-punish-risky-bankers.html<BR/><BR/>Let's punish the bankers even more if they are stupid enough to buy stuff from America. The USA has a lot to answer for and I don't believe for one minute there are good people in charge of finances over there. This crisis shows an element of cut-your-losses-and-run.mikehttps://www.blogger.com/profile/05772374031938763566noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-80605888138926736442008-10-09T19:18:00.000+01:002008-10-09T19:18:00.000+01:00schadenfreude? Moi!!!schadenfreude? Moi!!!Alice Cookhttps://www.blogger.com/profile/05753570123987780947noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-78443463662738776812008-10-09T18:33:00.000+01:002008-10-09T18:33:00.000+01:00Alice,Do I detect a hint of schadenfreude? You mu...Alice,<BR/><BR/>Do I detect a hint of schadenfreude? You must surely know that the nationalisation of the banks is voluntary, partial and temporary. The excesses may stop for a year or two, then it will be back to normal. Still, enjoy your gloating while you can.<BR/><BR/>Young MarkAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-17534456754076815712008-10-09T18:15:00.000+01:002008-10-09T18:15:00.000+01:00In any circumstances. We need to revoke the licenc...In any circumstances. We need to revoke the licence to steal.Sackersonhttps://www.blogger.com/profile/09410040031410954403noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-43597344429861045622008-10-09T17:58:00.000+01:002008-10-09T17:58:00.000+01:00outrageous behavior in the current circumstances.outrageous behavior in the current circumstances.Anonymousnoreply@blogger.com