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Hefty Pay Bonus At Northern Rock

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posted on Jan, 21 2009 @ 10:39 AM
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Hefty Pay Bonus At Northern Rock


uk.news.yahoo.com

Northern Rock employees are to get a 10% pay bonus on Friday after they met targets on repaying a £25bn Government loan. Skip related content

The state-run bank will hand out £8.8m to most of its 4,500 staff. It amounts to around £2,000 each.

Northern Rock had returned a quarter of the money it borrowed from the Government by December 31
(visit the link for the full news article)




posted on Jan, 21 2009 @ 10:39 AM
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WTF?

no really - the bank was loaned £25 BILLION and the staff get a nice bonus? this stinks of corruption so badly - mismanage a bank and get a pay out for it.

looks like this sort of utter BS practise happens everywhere , golden parachutes to US banks , hong kong banks that have locked out customers paying off the directors - and of course this in the uk.

uk.news.yahoo.com
(visit the link for the full news article)



posted on Jan, 21 2009 @ 10:55 AM
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this sucks.

when the state took over, didnt bown say no more bonus's.

they have been given a bonus for doing their jobs as usual. wheres the tax payers bonus??/?

another reason brown needs to go, i dont like liers




[edit on 21-1-2009 by boaby_phet]

[edit on 21-1-2009 by boaby_phet]



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