Disgraceful - aberdeen-music

Afro Droid · 05-02-2009, 12:41

Mandy warns RBS bankers over 'exorbitant' bonuses after £20billion taxpayer bail-out | Mail Online

These bastards should be jailed, not getting bonuses. At least they'll be able to pay me back my share of the £20 billiob they're due us...

Neil · 05-02-2009, 12:55

They should jail all those people that have run up huge personal debts on their credit cards, loans and 125% mortgages as well then. Because that's why these banks have needed the bail-out from the government.

As easy as it is to blame the banks and the fat cats, the reality is that everyone is to blame for this problem.

Tubthumper · 05-02-2009, 12:55

There should be a blanket ban on all bonuses until every one of those banks have paid back the government. Cunts.

Alkaline · 05-02-2009, 13:51

Quote:

Originally Posted by Neil

They should jail all those people that have run up huge personal debts on their credit cards, loans and 125% mortgages as well then. Because that's why these banks have needed the bail-out from the government.

As easy as it is to blame the banks and the fat cats, the reality is that everyone is to blame for this problem.

Banks still have the deciding factor on whether they say yes or no to lending though...

Neil · 05-02-2009, 15:30

Quote:

Originally Posted by Alkaline

Banks still have the deciding factor on whether they say yes or no to lending though...

Doesn't matter. People shouldn't be taking on debts they can't afford in the first place.

Alkaline · 05-02-2009, 15:32

Quote:

Originally Posted by Neil

Doesn't matter. People shouldn't be taking on debts they can't afford in the first place.

Eh? Granted, but if people are happy to throw money at idiots it certainly facilitates it. Maybe if the banks said no a bit more then a lot of people would think twice about asking for money. The lure of £s for profiteering banks is too big a draw though.

Lester Burnham · 05-02-2009, 16:13

Quote:

Originally Posted by Alkaline

Eh? Granted, but if people are happy to throw money at idiots it certainly facilitates it. Maybe if the banks said no a bit more then a lot of people would think twice about asking for money. The lure of £s for profiteering banks is too big a draw though.

Although I think the banks weren't being responsible with loans... at the end of the day the problem is really the individuals responsibility. I wouldn't blunder into John Lewis and buy a £5k television because they allowed me to buy it. I know I can't afford it and if I take on the debt then it's my fault.

I have very little sympathy for someone who has taken on a loan that they can't afford, be it on a house or something more minor. We have brains, it just seems that some of us choose not to use them, and then point the finger when the shit goes down the pan.

Alkaline · 05-02-2009, 16:45

Quote:

Originally Posted by Lester Burnham

Although I think the banks weren't being responsible with loans... at the end of the day the problem is really the individuals responsibility. I wouldn't blunder into John Lewis and buy a £5k television because they allowed me to buy it. I know I can't afford it and if I take on the debt then it's my fault.

I have very little sympathy for someone who has taken on a loan that they can't afford, be it on a house or something more minor. We have brains, it just seems that some of us choose not to use them, and then point the finger when the shit goes down the pan.

I agree, but not everyone thinks like that and it's the responsibility of people in jobs within banking to advise people looking at loans responsibly. That very often doesn't happen. The banks don't have to lend people money if they don't want to.

daveofficer · 05-02-2009, 18:09

Wirelessly posted (Opera/9.60 (J2ME/MIDP; Opera Mini/4.0.10406/558; U; en) Presto/2.2.0)

Quote:

Originally Posted by Neil

They should jail all those people that have run up huge personal debts on their credit cards, loans and 125% mortgages as well then. Because that's why these banks have needed the bail-out from the government.

As easy as it is to blame the banks and the fat cats, the reality is that everyone is to blame for this problem.

Royal banks bailout had very little to do with personal debt though. It's problems stem from incredibly bad investment decisions and buying competitors at inflated prices.

my problem with all this stuff is that There's no distinction made between branch bank staff and corporate directors and investment bankers. Should hard working and profitable branch staff lose a tiny bonus due to the reckless behaviour of investment staff? They've been shafted as well and more often than not had to deal with the problems that come from the bad investments.

Afro Droid · 05-02-2009, 20:45

Quote:

Originally Posted by Neil

They should jail all those people that have run up huge personal debts on their credit cards, loans and 125% mortgages as well then. Because that's why these banks have needed the bail-out from the government.

As easy as it is to blame the banks and the fat cats, the reality is that everyone is to blame for this problem.

There is an element of individual personal responsibility, I agree. But at the end of the day the banks were dishing out credit so they could trade off the debts, it was that corrupt, murky system that did all the damage on the grander scale...