Er, no, not to you.....don't be daft!
The Times on-line is reporting that RBS, which is 68 per cent owned by taxpayers after a £20 billion government bailout, is offering its staff loans against the bonuses that they are owed but which have been deferred until 2010 under a deal with the Government.
Remember how you cheered when you heard that Gordon Brown was going to stop taxpayers money being used for cash bonuses?
Indeed it is not; it is being used for loans, just like Gordie wanted........to bank staff who should have got a cash bonus.....
H/T Anna Raccoon
2 comments:
Going by the story, it looks like this scheme is aimed mostly at the rank and file staff members - call centre staff, branch staff and suchlike. I've worked for banks myself, and I can tell you those guys normally get paid peanuts. I don't begrudge people like that getting their modest bonuses, which they work hard for. It's just a pity the money's going to arrive in the form of loans this time - I wonder if they'll have to pay interest? They probably will, the way banks normally treat their staff.
I know its crap, but Brown is spinning that he has stopped the 'fat cats', whereas true to form he has screwed the little guy ovet
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