Who's is going to pay these Wide Boy's bonuses?

YOU ARE!
And do not ever forget it

What every other commentator seems to have missed, is the fact all this debt has been floating around in the system for at least 20 years or longer, with various traders restructuring & selling it on anything rather than modify their appalling record on following their own rules and controls on lending.

The fact is, that all this debt floating around in the system had to eventually be paid off by someone, and that could only ever be the public, now they have, in the form of government bail out plans. ITS ALL YOUR MONEY going into their pockets!!!!!!!!

However this tax payer funded “washing away” of the bad credit, will simply allow the banks to continue in the same way they always have done. And let us not forget it was their flaunting of their own rules and controls in the search of ever bigger profit that caused the who collapse in the first place,

In the same way Baring Bro’s top executives turned a blind eye to Nick Leason’s activities in the quest for bigger profits, Banks and their over paid traders and directors have ruined not just a bank, but an entire financial system, yet have any really high profile heads rolled? NO! they knew no politician could afford to see their nations banking system in ruins.

DO NOT be fooled by bankers speeches about how “Committed to Change” they are IT IS ALL A PCK OF LIES! Once they are off the hook and the economy starts to grow again they will start whinging that they have to remunerate their traders and top execs if they “want to be competitive” politicians will fool for it and the banks shares will climb in value and the govt will sell out far too early and it will be back to business as usual.

Remember Bankers * City Traders are just a “Wide Boys” in designer suits they have no conscience and they like PROFIT not accountability