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Are the Private Sector simply Jealous of the Public Sector?

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Comments

  • #202
    noodler
    Registered Users, Registered Users 2 Posts: 26,497 ✭✭✭✭noodler


    Riskymove wrote: »
    I was thinking more about recent responses to financial climate by certain banking organisations

    I am against the prices Nama proposes, if not the principle, but it is worth saying thet just about every bank has let people go or is planning to in the very near future as part of "cost-cutting" measures.


  • #203
    Riskymove
    Registered Users, Registered Users 2 Posts: 10,899 ✭✭✭✭Riskymove


    noodler wrote: »
    I am against the prices Nama proposes, if not the principle, but it is worth saying thet just about every bank has let people go or is planning to in the very near future as part of "cost-cutting" measures.

    well perhaps the future may well bring that but so far we have seen wage increases, bonuses continuing and in one case an increase in interest rates as a response to losing money as oppossed to paycuts


  • #204
    noodler
    Registered Users, Registered Users 2 Posts: 26,497 ✭✭✭✭noodler


    Riskymove wrote: »
    well perhaps the future may well bring that but so far we have seen wage increases, bonuses continuing and in one case an increase in interest rates as a response to losing money as oppossed to paycuts


    Well bare in mind they aren't nationalised and they aren't at the whim of the government, not yet anyway. They are a private business (the main two I persume you are talking about).

    However, PostBank and Halifax are gone and I may not have made it clear, but nearly every other bank has let people go since the troubles began. There are just more to come. I don't like the bonuses anymore than you but we don't control the banks.


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