Banking
Sack The Bankers And Clean Up The Debt Industry
In my travels across the web today a couple of articles attracted my attention. The first, from the BBC website which is reporting how Lorn Myners reacted to the board of RBS reporting that they might all resign en mass if the government, as the largest shareholder, insists they should not pay out £1.5 billion [...]
Managing Your Finances And Preparing For The Worst
We are frequently told that banks and other financial companies try to help their customers avoid financial problems and we are also told they charge customers on the basis of how the company views the financial risk that the customer presents. The logic of that seems clear but it puzzles me that the banks seem [...]
Do We Really Need Bonuses To Motivate People To Work?
We have all heard more than enough about bonuses over the last year. The numbers are astonishing and to the vast majority of people who may be struggling simply to pay their bills the amounts of money paid out by financial companies in bonuses is offensive.
I don’t think people object to the principle of bonuses [...]
