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Perhaps. I don't blame the bankers in general. However, these banks received government money because they had liquidity problems, then promptly handed out that
by ibsulon 18y ago
Perhaps. I don't blame the bankers in general. However, these banks received government money because they had liquidity problems, then promptly handed out that same government money to its employees in the form of bonuses in numbers that stagger the average American.
Then, statements such as it being difficult to live on less than a half million dollars are said in editorials, and these same bankers complain.
The rest of America sees this as rewarding failure, regardless of the individuals making profitable decisions for the company.
- swombat 18y agoWell, for the record, none of the people I know who work in banking earn half a million dollars (not even including bonuses). And that's the case of 99% of "bankers".