12 January 2011

More Money Wasted on a Banker

It seems that the Lloyds Banking Group has at least two million pounds more than it needs.

Just think what good could be done with that.  Four hundred thousand mosquito nets to protect children in Africa, perhaps.  That's just one idea.  I'm sure the money could be put to good use in Haiti, for another.

The bank has come up with a much better idea: let's give it to someone who has absolutely no need of it. What can possibly justify a bonus of TWO MILLION POUNDS?  Is this not an immoral waste?  Even if the banks don't want to do some positive good, what about them clearing up the mess they made instead of leaving us, the British taxpayers, to pay off the deficit caused by shoddy banking?  We even own a huge part of Lloyds, for goodness sake.  Don't they owe us some reparation?

What is the bonus for?  Doing a good job? Didn't Mr Daniels buy HBOS and get Lloyds into debt in the first place?  If he's done a good job in recovering his failure, give him a couple of grand and do something useful with the rest of the money.  £2k is a much bigger bonus than I'll get - £2k bigger, in fact.

Our government has shirked facing the issue, of course, telling us, 'Bankers may move to overseas banks if we don't let them have their bonuses.'  I have two things to say to that:
  1. How dare the bankers hold us to ransom?
  2. Given the mess they've made, who would want the spoilt brats?
Of course, we have no idea what Mr Daniels intends to do with the money.  He may give it away to worthy causes.  Good for him if he does.  I'm not holding my breath.

No comments :

Post a Comment