Mark Slater’s Weblog

Musings about work, life, and all things in between

Consumer unrest at bank bonuses

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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