Wednesday, 20 April 2011

The neverending swindle

I have just been reading about the £7.7m pay packet, that the UK government has approved for the chief of Rbs. How on earth can they justify making such a ridiculously large payment to the head of a bank that is 83% owned by UK taxpayers and managed to lose over a billion pounds last year? Its another slap in the face for those of us now suffering rising prices and a bleak future in this country, due to a financial collapse caused by these very same banks. I don't begrudge somebody in an important position receiving a good pay packet, but £7 million just shows once again that the banking industry lives in an entirely different world to the rest of us. It's frankly disgusting behaviour, that we seem to be powerless to stop.
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