http://news.bbc.co.uk/1/hi/business/8283735.stm
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| Quote: While the curbs do not limit bonuses, the changes will include the banks having to disclose all such payments. | |
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| UK banks accept curbs on bonuses http://x404.co.uk/forum/viewtopic.php?f=19&t=3115 |
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| Author: | pcernie [ Wed Sep 30, 2009 10:43 pm ] | |||||||||
| Post subject: | UK banks accept curbs on bonuses | |||||||||
http://news.bbc.co.uk/1/hi/business/8283735.stm
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| Author: | l3v1ck [ Thu Oct 01, 2009 3:00 am ] |
| Post subject: | Re: UK banks accept curbs on bonuses |
I don't object to bonuses........... as long as they are based on long term results. Short term greed is what caused the financial mess we're in now. |
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| Author: | Amnesia10 [ Thu Oct 01, 2009 8:01 am ] |
| Post subject: | Re: UK banks accept curbs on bonuses |
Long term bonuses are fine, but many are based on business models that are fundamentally flawed like securitisation and credit default swaps. |
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