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For those who think Irish bankers have brass necks...

Comments

  • #2
    Mr.Micro
    Registered Users, Registered Users 2 Posts: 5,336 ✭✭✭Mr.Micro


    Not surprising really, old habits die hard and hell the money was for nothing, the Fed knew this back in Sept 08 that bonuses were going to be paid out of the $173 billion bailout, and now there is a new boss a fuss is created. The US economy is a joke with the fed now about to pump $1.2 trillion into the economy over the next 6 months. Playing a game of monopoly would make more sense, lets face it that's what the dollar is monopoly money.


  • #3
    Soldie
    Hosted Moderators Posts: 1,713 ✭✭✭Soldie


    The BBC has reported that AIG chief Edward Liddy has asked some of the bonus recipients to return at least half: http://news.bbc.co.uk/2/hi/business/7950452.stm

    Much like the Irish government, I can't help but feel that the U.S. government is neatly trying to shift the blame onto the bankers - yesterday they expressed 'outrage' at the bonuses being paid. It begs the question, though, why were they bailed out? I'd like to see the banks fulfilling their contractual obligations when they're bankrupt.


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