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Free Markets or Mad house?............(Frence Prez lets rip @ Davos)
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Re: Free Markets or Mad house?............(Frence Prez lets rip @ Davos)
Originally posted by Mega View Post
"...
Finally, the French president took aim at bank bonuses.
"Bonuses don't bother me, provided there are also ... draw-downs when there are losses. When things don't work, you can never find anyone responsible. Those who got bumper bonuses for seven years should have made losses in 2008 when things collapsed."
or HAVE ALL THE MONEY CLAWED BACK WHEN IT WAS DISCOVERED MOST OF IT WAS MADE ON FRAUDULANT TRANSACTIONS?
(such as AIG's CDS's with GS getting 100% payout yada yada yada)
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