News came yesterday that The Royal Bank of Scotland have given out £1.3. BILLION in bonuses to it's investment bankers, despite admitting that it could be years before they pay back the £50m we gave them to bail them out.
UK taxpayers now own 84% of the bank after the government saved it from collapse late in 2008.
However, itstead of doing the DECENT thing and pay back the owed money, RBS bosses have decided to pay their fatcats a big old wage instead.
It's absolutely disgusting.
RBS boss, Stephen Hester, wrote in a column in 'The Sun' that 'this is the only way the money invested... can be profitably recovered.'
What the hell is he on about?!
You actually need to PAY BACK the money for it to be recovered mate, not spend it all by giving all your mateys a big pack-packet!
He justifies the bonuses by saying that he 'needs the best workers' and says that they will go somewhere else if they don't get paid enough.
Well let them then! I'm not being funny, but has he not heard of the umemployment rate at the moment?? There would be thousands of capable people that would be chewing at the bit to have the job, we don't need these bloated middle-aged fools.
All they need is good management and to start re-paying their debt and everything will be sorted.
Mr Hester also needs to realise that we're in a frickin' recession. It's meant to be a time to think about others, not yourself. The public seem to be able to do this- neighbours sharing car journeys, friends cooking for each other. So why can't the banks?
Why can't they stop thinking about themselves for once and do the best thing for their country?
I mean, that bailout money could have been spent on NHS, schools and public services, but instead it was spent on them idiots.
Mr Hester further argued that these bankers were the ones that sorted the crisis, so they should be rewarded.
No mate. THEY were the ones that created this mess anyway and WE as the taxpayers sorted your crisis. WE gave you the money. I mean, it's simple really, if you give a company free produce, then, of course, they're gonna make a profit.
It's got nothing to do with your eejits over at RBS!
I think the government needs to step in and stop this daylight-robbery from occuring. At the moment, they're basically letting the banks stomp all over them.
We need to show them that an 84% share means WE'RE the boss!
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