Will they still have enough money to send everyone in my household unsolicited credit card offers every other week or so?
In the next two weeks expect to hear repeat history like this with many other banks
Barclays: Big bank, big fees, no thanks.
When these guys manage to get the Fake White Indian elected as POTUS, they’ll have only themselves to blame.
Actually, raises and bonuses might be entirely justified for top executives when the company is losing money. On the assumption that their efforts prevented the company from losing a lot more or perhaps going out of business.
Tough to determine, of course. But then the process of providing a share in profits when a business is doing well isn’t entirely logical, either, since whether a business makes money often has more to do with business climate and other external factors than with decisions made by execs.
IOW, a CEO who kept his company afloat with great effort during hard times is more deserving of a bonus than one who drifted along in good times.
Looks like the Premier League may need a new sponsor.
Dell 15,000
JC Penny 2000
Sears (Canada) 650 + selling their keystone buildings
Barclay`s 12,000
Take out Fed printing, oil/gas, natural resource production and it would be a Depression deeper than the 1920s.
Man, things are bleak!
Think I’ll give myself a bonus!
But I am sure some Liberal Free Trader Communist or Business Socialist will explain how this Barclays cuts is “good for the economy”