Millionare bankers threaten exodus to Mumbai if denied their six-figure bonuses.

Millionare bankers threaten exodus to Mumbai if denied their six-figure bonuses.

www.--.com

The government may have no concrete plans about how it will rein in the pay of bank bosses - and curbing the cash paid out to those below the most senior levels will be even more challenging.

(visit the link for the full news article)

This is truly sick and one has to wonder how these people are allowed to get away with such audacious blackmailing. A bunch of millionare barrowboys laugh in the face of everyone elses panic and misery.
This is a classic example of the arrogance that exists in the face of massive taxpayer funded bailouts

www.--.com
(visit the link for the full news article)

we should freeze their assets and deport them then see who's laughing. they wouldn't last 5 minutes without their money

reply to post by Mercenary2007


....And that is where bailout money is going - amazing.

Hey any of you 300,000,000 people got any KY left?

This is getting rough on my...... well nm... you get my point.

Originally posted by ThichHeaded
Hey any of you 300,000,000 people got any KY left?

This is getting rough on my...... well nm... you get my point.

I will get some at Walgreens tomorrow.

I say we let them go. And don't let the door hit them where the good Lord split them.

Who cares? Freeze their assets and kick them out. Fark em!

Seriously, does anyone care if they leave without OUR money?

While I'm sure that this is happening within some companies, I don't really trust the source whatsoever. They have no citing for the sources, and they only seem to cover one story a week.

There will come a time, very soon, when men and women like this will find it extremely hard to find a place on this planet where they will feel safe. Their time has come, their downfall is within sight and these are merely their final death throes as they scamper to try to salvage the life they spent so much of other people's money making.

I don't know how people from the US can hear about this and still not realize how corrupt the system is. Those bankers should be lynched.

Originally posted by Dermo
I don't know how people from the US can hear about this and still not realize how corrupt the system is. Those bankers should be lynched.

those particular bankers are from the UK.

This is the reason why the world's economy is up the cr**per. Too long have these mercenaries been allowed to fleece the public.
They want a bonus everytime they take a dump , or when they bankrupt their own companies they get big pay offs.
If they don't get a bonus they'll go to Mumbai? Fine let them go and sack them while they're away.
Cancel all their credit cards and give them a meagre monthly wage and then let them see how the average person on the street has to live with this situation, then maybe they'll get the idea through their thick skulls that its their greed that has led us all down to the level we are now.

they're all scum that should be first against the wall when the revolution comes, them and the corrupt politicians that allowed them to get away with it instead of saying "hang on , you should be more considerate of the public that are paying your wages"..

Seriously. You guys and girls should read the news before jumping on the wagon. What it is said in there is:

... "If one bank holds down pay, then staff will leave and go to one that doesn't," said one fund manager. "And if London becomes badly paid then there will be an exodus to Mumbai, Shanghai or Dubai." ...

This was not only a personal opinion of a fund manager (not even a CEO), but he was just stating what is pretty obvious. These people are money driven, if money dies in a place, they will just move to another place. That was what he was saying, not that anyone was holding anything on ransom.

The only shocking bit was this:

... At Barclays, chief executive John Varley earned £3m last year. But that package was eclipsed by that of Bob Diamond, who runs the City arm of the bank. His basic pay for 2007 was £250,000, but his total pay including bonuses and shares was £21m, and in January he got a cheque from another incentive scheme for £14.8m. Diamond's pay is only known because he recently joined the board, but there are others earning huge rewards who stay hidden - such as Roger Jenkins, who runs Barclays' Middle East operations and is said to have earned at least £40m last year. ...

I feel really sorry for them...

I'm not really sure how much weight is in this threat. I think the actual threat is genuine but I'm not sure whether it can really be carried out in the way that these bankers are claiming.

Firstly, Mumbai and elsewhere are watching all this. They're probably following what's happening in Europe and America more closely and with a far greater understanding than 99% of the people on this site. They know what's gone wrong and what's gone right in all of this; they can see the good management from the bad management. Why, exactly would banking sectors like Mumbai actually want to take on all these people. People they've already watched run several markets into the ground. If Mumbai are not being affected to the extent everyone else is by what's happening, I bet they're counting themselves as being very fortunate and desperate to not have their own markets fail. Why would they want a large influx of bankers from failing economies ruining what they've got?

I dare say, some of these bankers stamping their feet will find jobs there, but many more won't. Even if Mumbai and elsewhere was willing to take on some of the bankers, perhaps due to previous mutual back scratching and deal making, then what about the rest? How could an already competitive industry just absorb a large amount of employees from an another country? Employees that are coming with high wage demands and expectations; these aren't immigrants coming looking for minimum wage jobs and their wages will have to come from somewhere.

In an unstable world market, does it really make sense for them to take these bankers in?

Oh, they're threatening us. Oh, my. You know what? You're not going to get your money and Bon Voyage. We don't need greedy morons in the country.

These bastards are still believes they can dictate. Naive people.

Threat us then face the consequences. Someone already punched one great into one of the thief's face. Next time lynching comes. And then, if you're still not learning, hunt season will start. They still believe that money can save them from justice.

Zionist bastards, leave the country. You're not going to get the money of the citizens. The New World Order is ended.

[edit on 10-10-2008 by Sheridan]

Originally posted by Sheridan
...
These bastards are still believes they can dictate. Naive people.

They are and will be able to dictate as long as people queue in their counters, hat in hand , to ask for credit to buy their new 42'' plasma , to replace their 6 month old 40'' plasma.

reply to post by jmlima

For a long time, no one is going to pick up a loan, so, no they can't dictate. Do you believe that people are not going to learn from the current events? See what happened after 1929. The American Dream come true. So, if it's a loop event, the second American Dream will come true, where peace and quite will be found. But I hope we're not going to make the same mistake what we did before and we're going to kick all the banks out of the country.

Originally posted by Sheridan
...
Zionist bastards, leave the country. You're not going to get the money of the citizens. The New World Order is ended.

[edit on 10-10-2008 by Sheridan]

You do know that most banks in the UK are owned by people from India and the Arabic Peninsula right? Not many zionists around there...