This is hilarious. the dutch consumer has reacted to the bonuses being paid out to bankers organizing through social media and threatening a “run” on those who have OK’d such bonuses.
“Politicians have voted to implement a 100% retrospective tax on all bonuses paid to executives at institutions that received state aid as a result of the financial crisis. In other words, no banker should get a bonus until the debt is cleared, and they should return payments made since 2008″
i am reminder of the great banks in Hong Kong that james Clavelle used to write about.
Could this be heading our way?
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