Boo hoo for a bunch of bankers
Wednesday, January 25th, 2012 at 12:58 pm by Wally
The recent weekend Financial Review reveals that investment bankers are suffering terribly.
The poor folks are not getting paid quite like they used to, and the bonus pools to be shared are shrinking.
Oh noes! The poor dearies!
The same bunch of clever-dicks who were paid in the millions up until about 2008, for coming up with more obscure and creative ways to “manufacture money” and produce new “financial products” (gee how I detest those terms) are now doing it tough.
About time, methinks.
Give it another few years, though. These things go in cycles, and the wheel of finance will eventually turn again. The biggest mess to be sorted out if the Euro-zone. Once that is sorted, which may be some time, I fully expect to have 25 year old whiz kids earning gazillions, living in swish London apartments, consuming the output of Columbia, and guzzling champers.
In the meantime, I rejoice at the hard times befalling the parasites of society.
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I like that you’ve filed this under your self-titled category ‘Angry Rants’ but, believe me, apart from the bankers and their beneficiaries, your sentiments are echoed by us all.