We were promised that the money was a loan. That it would be paid back. But then they all started talking the need for pay freezes, pension cuts, job losses. Yet hadn't they, all of them, promised to ensure that excessive bonuses would be a thing of the past?
And now RBS of all banks plan to give up to, and I exaggerate not... £5 Million pounds in individual bonuses!
A total bonus pot of £4 Billion Pounds! Thats right, £4 Billion Pounds of our money is going to be paid to champagne swilling public school associates of Messrs. Osborne, Cameron, Blair and Darling.
Thats a Billion from our salaries.
A billion from our pensions.
A billion from our services.
And a billion from our jobs.
And for what? Well, for making a massive profit with our money that they have used to defraud us all by writing off their bad debts, trousering our cash, then selling off the residue to loan collection companies, defaulted mortgages etc. at say 20% face value, which they also trousered. Oh yes, they also made profits on the 'bad mortgages' by selling the property secured against the original loan. Another tasty little profit.
