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Banks given go-ahead to pay unlimited bonuses
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Bob Diamond, President and Deputy Group Chief Executive of Barclays bank Plc is currently giving evidence before the Treasury Select Committee hearing about competition.

Asked if he was grateful to British taxpayers for the banking bailout, repeatedly declined to answer that question, repeatedly saying instead that he was grateful to the worlds central banks.

Shades of Quigley Carroll's "Tragedy & Hope" anyone?

PS, the Britsh taxpayer provides the sustenance to ensure that banks too big too fail, do not fail - even if and when their casino operations are poorly - or even disastrously - managed and are structured to just benefit bankers bonus pools - at the cost of the taxpayer. Despite the recent bankers bail out, the thing that is becoming ever clearer is that bankers simply don't give a toss what the British (or any other sovereign) taxpayer has to suffer to ensure they continue to get their bonuses.
The shadow is a moral problem that challenges the whole ego-personality, for no one can become conscious of the shadow without considerable moral effort. To become conscious of it involves recognizing the dark aspects of the personality as present and real. This act is the essential condition for any kind of self-knowledge.
Carl Jung - Aion (1951). CW 9, Part II: P.14
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Banks given go-ahead to pay unlimited bonuses - by David Guyatt - 11-01-2011, 11:43 AM

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