Banking fat cats should be left to fail, not given subsidised super profits
Britain's biggest ever subsidised industry - the big banks - bailed out by billions of government money are now back in business, raking in the profit; their main objective to enrich their top staff whilst paying paltry sums to the depositors who entrust their savings with them, and refusing to lend to productive industries who could provide real jobs. Meanwhile shareholders seem powerless to have any real control over these businesses, letting their top employees pay themselves millions in unearned bonuses on a grossly inflated scale of the real worth of such staff.
16 Oct 2009
