Calis Beach and Fethiye Turkey Discussion Forum

General Topics => The Debating Chamber => Topic started by: Colwyn on December 12, 2010, 12:16:03 PM

Title: Crazy Capitalism
Post by: Colwyn on December 12, 2010, 12:16:03 PM

The Allied Irish Bank has already received a £2.9 billion from the Irish Government and is expected to come back for more. In turn the EU and the UK have underwritten the Irish economy because of the financial crisis exascerbated by the Irish banks. Because of "contractual reasons" the Allied Irish Bank is now going to use this bail out money to pay £33 million in bonuses - averaging £14,000 per lucky recipient. This payout is of course entirely justified because ................ give me a moment I'm sure of think of the reason quite soon.

http://www.bbc.co.uk/news/world-europe-11956620

Title: Crazy Capitalism
Post by: Ian on December 12, 2010, 12:32:33 PM

Madness and in the current climate disgusting

Ian

Title: Crazy Capitalism
Post by: valleyboy on December 12, 2010, 13:42:17 PM

"The lunatics are running the asylum !!!!":(

Title: Crazy Capitalism
Post by: GordonA on December 13, 2010, 15:45:40 PM

Colwyn, it's only money!! Not their money, mind you, so why should they care what happens to it?? Would other countries be so quick to help out the U.K. to such an extent??
Gordy.