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Bank of England slams bank bonus culture of excess email this discussion to a friend?

AMERICAblog News| A great nation deserves the truth (16) 
6 months ago

Ya think?"Banks have come to realise in the recent crisis that they are paying the price for having designed compensation packages which provide incentives that are not, in the long run, in the interests of the banks themselves, and I would like to think that would change," King said.Last week the director-general of the CBI, Richard Lambert, said the bonus culture in the City and Wall Street had been responsible for much of the excessive risk-taking that led to the collapse of the US...

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tags:  bailout, uk, wall street, recession
 
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Started in AMERICAblog News| A great nation deserves the truth • 6 months ago • 0 responses
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Started in AMERICAblog News| A great nation deserves the truth • 6 months ago • 0 responses
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