This is how far banker bashing has gone....

[DominicJ]

http://www.telegraph.co.uk/finance/news ... ondon.html#

Paris attempts to prise HSBC from London
French officials are attempting to persuade HSBC to move its headquarters to Paris as rival financial centres spy the chance to encourage the bank to move its domicile out of the UK.

[2 As and a B]

Nuns ask Goldman Sachs bosses whether they're really worth $69.5m

Goldman Sachs chief executive Lloyd Blankfein has been awarded a $5.4m cash bonus

The proposal will be put forward at the Wall Street bank’s annual general meeting next month by the orders, who own shares in Goldman, the bank revealed in a filing with the Securities and Exchange Commission.

The Sisters of Saint Joseph of Boston, the Sisters of Notre Dame de Namur, the Sisters of St. Francis of Philadelphia and the Benedictine Sisters of Mt. Angel want Goldman’s compensation committee to report back by the beginning of October.

The bank’s pay practices have faced criticism from religious orders in the past, but this call comes as Goldman revealed last week that its five most senior executives were awarded $69.5m in pay last year despite a drop in the bank’s profits.

Mr Blankfein, who famously said in an interview in 2009 that the bank was doing “God’s work”, received a cash bonus of $5.4m as part of a total pay package of $14.1m for last year.

The Benedictine nuns, along with the US charity, The Nathan Cummings Foundation, also asked Goldman’s committee to explore “how sizeable layoffs and the level of pay of our lowest paid workers impact senior executive pay.”

Goldman has been a lightning rod for public anger at Wall Street since the crisis erupted, even though that outcry is now not as loud as in Britain. Late last year the bank changed how it reported its results to show how much it made from trading and its own investments.

In the SEC filing, the bank said that shareholders already have enough information to assess how Goldman rewards its executives and a further report would “entail an unjustified cost to our firm and would not provide shareholders with any meaningful information.”

[UndercoverElephant]

http://www.telegraph.co.uk/finance/news ... ondon.html#

Paris attempts to prise HSBC from London
French officials are attempting to persuade HSBC to move its headquarters to Paris as rival financial centres spy the chance to encourage the bank to move its domicile out of the UK.

Are you criticising other people for banker bashing?

LINE THEM UP AGAINST A WALL AND SHOOT THE FUCKERS.

[featherstick]

Let's imagine the bankers leave.

Immediate drop in tax income for the Treasury, but not that much, as the Treasury is bending over backwards to lower corporate tax anyway.

Fall in house prices in the South East, meaning first-time buyers can get on the ladder in this lifetime.

Closure of a heap of service industries around the Square Mile - all those "5 shirts washed and ironed for £20", City pubs, lunch-at-your-desk type places.

Really bright maths and engineering graduates go into research and development, industry and manufacturing instead. The return of Britain's manufacturing sector.

Tory party collapses as major donors ask for their money back. National policy reverts to seeking the greater good for the greater number. Lobbying forms go bust.

Elite schools, which concentrate on equipping rich pupils with contacts, not education, go broke.

The 1000 year experiment in the exploitation of Britain by an alien elite, that started in 1066, finally comes to an end and Britain becomes an Anglo-Saxon democracy once again.

Can't happen soon enough for me.

[DominicJ]

UE
That France is activly courting HSBC ought to tell you somethings up

Featherstick

Really bright maths and engineering graduates go into research and development, industry and manufacturing instead. The return of Britain's manufacturing sector.

No, The UK joins Ireland in its chief export is its talent.
Except they dont send remittances home...

[Aurora]

Slippery looking individual. I wouldn't buy a used car from him.

[JohnB]

Slippery looking individual. I wouldn't buy a used car from him.

I think you would, and he knows it .

[UndercoverElephant]

UE
That France is activly courting HSBC ought to tell you somethings up

That the French are stupid?

You don't get it, do you? There's nothing I'd like to see more than the entire British banking industry to f*** off to frogland. Good riddance! They do not generate money for this country. They BANKRUPTED this country and they are still paying themselves obscene amounts of money whilst preparing to ask for another handout!

These people aren't talented. They are bunch of RECKLESS CRIMINALS.

[JohnB]

You don't get it, do you? There's nothing I'd like to see more than the entire British banking industry to f*** off to frogland.

Except the Co-op and Triodos.

[2 As and a B]

Yeah, it is a myth that they are talented. They are just greedy and have only self-interest.

[Aurora]

You don't get it, do you? There's nothing I'd like to see more than the entire British banking industry to f*** off to frogland.

Except the Co-op and Triodos.

+1. The Co-op rules!

[energy-village]

You don't get it, do you? There's nothing I'd like to see more than the entire British banking industry to f*** off to frogland.

Except the Co-op and Triodos.

+1. The Co-op rules!

+2 The Co-op isn't perfect, but is a lot better than most.

Triodos? Dutch isn't it? Don't know much about it.

[phobos]

Separated at Birth?