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Liberal Democrat spokesman Vince Cable said: 'I would welcome their resignations as they cannot hold the taxpayer to ransom. It's absolutely right that the government should impose bonus discipline on this bank.'
'As a state-run bank, the Government must finally take control and ensure that both its pay and lending practices are in the public interest.'
Originally posted by Regenstorm
Originally posted by galatea
bravo to Vince Cable.
Originally posted by truthquest
Is there seriously any market at all for banker execs? Won't quitting just mean they go home and don't get paid again for years or decades? I hear all these scare tactics about how executive retention is so important. But seriously, who would hire these people? I'd sure love to know what the re-hire rate is for bank execs.