Bonus culture is skim, bribery, theft.

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	Bonus culture is skim, bribery, theft.

pjr-s

2-19-2009 8:17 PM

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/2bb9c67d-4d4a-4980-8515-35ba96092dec/F078BBFB-76FA-4E3A-932D-E7E6AE1DE05D/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.guardian.co.uk/commentisfree/2009/feb/20/banking-bonuses-rbs-brown" href="http://www.guardian.co.uk/commentisfree/2009/feb/20/banking-bonuses-rbs-brown" style="font-size: 11px;">www.guardian.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/commentisfree/2009/feb/20/banking-bonuses-rbs-brown"><H1>Bonus culture is skim, bribery, theft. Pay for performance is called salary</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/commentisfree/2009/feb/20/banking-bonuses-rbs-brown"><P class="stand-first-alone" id="stand-first">For the taxes of the poor to be topping up the pay of the rich is inexcusable. The cynicism of the farrago beggars belief</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/commentisfree/2009/feb/20/banking-bonuses-rbs-brown"><li style="margin-left:16px;padding-left: 0px;">
        	<A href="http://www.guardian.co.uk/profile/simonjenkins">
        		<IMG height="60" width="60" title="Contributor picture" alt="Simon Jenkins" src="http://static.guim.co.uk/sys-images/Guardian/Pix/contributor/2007/10/03/simon_jenkins_140x140.jpg" class="contributor-pic-small" />
        	</A>
        </LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/commentisfree/2009/feb/20/banking-bonuses-rbs-brown"><P>The prime minister loves bankers with an all-consuming passion. When historians come to analyse the winter of 2008/9 they might recall the discovery many years ago of the remains of a long-lost couple in the Sahara, their skeletons picked clean by time and locked in a final coital embrace. Thus they will find Gordon Brown and the City of London.  </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/commentisfree/2009/feb/20/banking-bonuses-rbs-brown"><P>Some was retained for bonuses. That directors should have even contemplated giving rescue money to themselves or their staff shows how detached they were from reality. Courtesy of the taxpayer, they all had bonuses already, their jobs. It took the former chancellor, Kenneth Clarke, to retort that "if someone came and told me there were legally binding bonuses ... I would have said, sue and be damned."   </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/commentisfree/2009/feb/20/banking-bonuses-rbs-brown">little more than grand larceny</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/F078BBFB-76FA-4E3A-932D-E7E6AE1DE05D/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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