Tuesday, February 24, 2009

Bankers taking the piss

Senior City bankers are demanding pay rises of up to 10 per cent this year to make up for the clampdown on the bonus culture, a senior City head-hunter has told The Independent.

So when they fuck up and can't get 'performance related' bonuses they then want more on their salary? So what happened to all the free market arguments about competition, rewarding ability etc etc.

Seems they want to get paid well regardless of how well they perform. Now what would they say of that was the public sector?