blanco Posted February 16, 2011 Share Posted February 16, 2011 Go and work for one, what's stopping you? Thats a really good point. Isnt it supply and demand? ~The reason they get paid alot, is that they're needed. People say 'banks' are greedy, well they wouldnt be paying high wages if they didnt have to. Anyone can take the courses, work their way up and have a go at trading. Link to comment Share on other sites More sharing options...
Bulgarian Posted February 16, 2011 Share Posted February 16, 2011 Go and work for one, what's stopping you? I know nothing about banking. Link to comment Share on other sites More sharing options...
truman Posted February 16, 2011 Share Posted February 16, 2011 I know nothing about banking. Shouldn't be an obstacle..according to most folk on here bankers know nothing either... Link to comment Share on other sites More sharing options...
wednesday1 Posted February 16, 2011 Author Share Posted February 16, 2011 Thats a really good point. Isnt it supply and demand? ~The reason they get paid alot, is that they're needed. People say 'banks' are greedy, well they wouldnt be paying high wages if they didnt have to. Anyone can take the courses, work their way up and have a go at trading. Don't be fooled. The reason they are paid well is because they control the purse strings. There seems to be very little shareholded accountability. The money paid out to fatcats in bonuses is actually greater than the dough paid out to its shareholders! It's not everybody in the Banks who get massive bonuses, just a few fat cats at the top. I think in Barclays it is people from Lehmans (rememeber them?) who are now the ones at the top of the pile. Link to comment Share on other sites More sharing options...
Jason Bourne Posted February 16, 2011 Share Posted February 16, 2011 WITH champagne corks popping from £200 bottles of bubbly, there was no sign of the biggest financial disaster since the Great Depression of the 30s. ... Traders from Barclays Capital, whose boss Bob Diamond yesterday revealed a £6billion profit, celebrated their bonuses by downing £195 bottles of Cristal champers and buying luxury motors. ... The “banker’s choice” of luxury sports car – the £70,000 Porsche 911 Black Edition – is selling out as the fatcats fill their boots again. ... The market in £1million-plus properties in London also remains buoyant – and interest is even growing. ... The Mayfair branch of wine merchant Berry Bros and Rudd said its Hampshire-based headquarters, which sells fine wines by the case, had seen a surge in recent spending. ... The most popular wines are Chateau Lâtour, which has a starting price of £5,000 a case, and Chateau Mouton Roths-child, which costs from £3,500 a case. Signs the bankers are again enjoying doing what they do best – squandering vast amounts of money – can also be seen at the £50-a-pop cigar shops and the Rolex outlets, while £50,000 Bang & Olufsen home entertainment systems continue to sell. And tailors continue to churn out £4,000 suits for traders to buy three at a time, treating themselves to yet more luxuries as if the credit crunch never happened. Aaah, so that's why inflation is slowly creeping upwards, I wondered who was spending so much money, I thought it couldn't be us wretched peasants Oop North, we're all losing our jobs and don't have money to spend on frivolous nonsense. But then I did notice my neighbour bought a bicycle to commute to work on (to save cash, she tells me) and that's when I realised it was her that was single-handedly sending the UK economy crashing, not the bankers. x x x Link to comment Share on other sites More sharing options...
wednesday1 Posted February 16, 2011 Author Share Posted February 16, 2011 Aaah, so that's why inflation is slowly creeping upwards, I wondered who was spending so much money, I thought it couldn't be us wretched peasants Oop North, we're all losing our jobs and don't have money to spend on frivolous nonsense. But then I did notice my neighbour bought a bicycle to commute to work on (to save cash, she tells me) and that's when I realised it was her that was single-handedly sending the UK economy crashing, not the bankers. x x x :hihi:Don't talk like that you'll have all the minimum wage apologists up in arms! Link to comment Share on other sites More sharing options...
benny4 Posted February 17, 2011 Share Posted February 17, 2011 it wasnt just the bankers, US and UK been importing too much and export very little, the recession will come no matter what, How can 1 in 5 youth of today 18-24 be unemployed instead of mastering a skill and set up for life Link to comment Share on other sites More sharing options...
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