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Banks
Friday, 27 March 2009 ‡ 13:37Why are the heads of banks not held accountable for their bad business decisions, sub prime lending and other massive gambles they have made with our investments (mortgages, loans, etc)?
Why are Northern Rock employees getting huge bonuses? It would be similar to an ambulance driver running over an old lady and then taking her to hospital, then being awarded a bonus for keeping the ambulance services busy.
The Prime Minister and UK Government have a responsibility to ensure everyone plays by the rules, but it appears that they feel its OK that some many people are losing their jobs and small and even established business are closing.
I would like to see the massive amounts of tax payers money injected into saving these banks go where i want it to go, i want to make the decisions, i want to be able to vote on how the money is used, how much of it is used.
I have nothing against capitalism, what i have a problem with is greed and greed at the expense of innocent investors, borrowers and savers.
Labels: banks
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