AuthorTopic: this is discraceful  (Read 774 times)

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Offline carracarra13

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this is discraceful
« on: February 09, 2009, 08:40:33 »
I found a story about BARCLYS BANK 6billion proffit, Nice for them when the rest of us are srtuggling to keep our jobs, houses and busineses afloat what are your views? In going to say it as I feel about this,   

Banks have leglelised highway robbery, The less cash you have the more the robbing cencers (thought I better do that ) and the worst thing is we have been mugged in all directions,
In my opponion the powers that be tellus they are cutting back services and there is NO money so why are they texing us so hard?
How many back pockets are getting full? while ours are getting emptier Why as a country do we tollrate thease blatant lies, if we did a simmiler thing we would get done for fraud.

please note this is my opponion
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Offline Boddle

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Re: this is discraceful
« Reply #1 on: February 09, 2009, 10:00:51 »
 Isn't it about time they did it so you get paid a good bonus if you get a satisfactory score from all your customers (not your profits) otherwise your sacked (a little more PC than giving the exec a long and painful death procedure and wiping out any offspring to remove them from the gene altogether).

Offline Gordo

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Re: this is disgraceful
« Reply #2 on: February 09, 2009, 13:08:36 »
Barclays is a privately owned company, and it hasn't been baled out by the government (unlike RBS, Northern Rock etc.).

Some of their profit has come from the American business it bought last year.

What the media says is often very different to reality. For example: last week there was a headline that RBS were deciding on bonuses for 177,000 bankers. Think about it - do they really have that many? No, of course they don't.  :roll:

Contrary to common belief, not everyone who works for a bank earns huge salaries and bonuses - but the media likes an easy target.  :(
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Offline Vicarious

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Re: this is discraceful
« Reply #3 on: February 09, 2009, 14:09:00 »
I think what is happening now demonstrates the other side of the coin - bankers are being shown the door in droves

I have met quite a few of the archetypal bankers and similiar - sharp suits, big bonuses - they work long hours in often dreary work and even in good terms are constantlty measured and one step away from a P45. No thanks - at both ends of the scale it is a prison sentence

I find the armies of critics interesting because as memory serves me we were lapping it up, sure there were critics but now everyone is a critic hmmmm

Offline carbore

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Re: this is discraceful
« Reply #4 on: February 09, 2009, 14:42:19 »
The problme with getting annoyed about this sort of thing is this.

If they make a lot of profit this is "disgraceful" if they make a loss and need to be bailed out thats also "disgraceful", so we are saying that they should make "just the right amount of profit please". Buy exactly how much is that, 8bn is a lot of cash, but what is it as a percentage of fund held, % of turnover, as £'s per customer of relating to profits in UK domestic banking.  Unless the number can be put into context they just seem like lots of money. Even if they did make "a nice sounding amount, not too much but ok" then unless you know HOW they made it thats no use, they could have been on for 8dn but decided to spend 7.5bn on a diamond encrusted directors washroom depreciated over 6months in order to show an overll profit of .5bn.


So perhaps we should appoint a regulator to look at the books and tell us all its ok. Well if you want more government intervention in everything, and to have to pay text £ to support an army of civil servants then yes. Unfortunately we live in "Something must be done about this" Britan and constantly ask Mr Brown (and before him Blair) to "Sort it out" creating the UK we live in where you cant move for laws, targets, inspectorates and massaged statistics.

IF yo have an account with Barclays cancel it. If not then wait for your banks results and decide who you trust with your cash (im thinking of the co-op).

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Offline Dave Rogers

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Re: this is discraceful
« Reply #5 on: February 09, 2009, 17:13:00 »
The problme with getting annoyed about this sort of thing is this.

If they make a lot of profit this is "disgraceful" if they make a loss and need to be bailed out thats also "disgraceful", so we are saying that they should make "just the right amount of profit please". Buy exactly how much is that, 8bn is a lot of cash, but what is it as a percentage of fund held, % of turnover, as £'s per customer of relating to profits in UK domestic banking.  Unless the number can be put into context they just seem like lots of money. Even if they did make "a nice sounding amount, not too much but ok" then unless you know HOW they made it thats no use, they could have been on for 8dn but decided to spend 7.5bn on a diamond encrusted directors washroom depreciated over 6months in order to show an overll profit of .5bn.


So perhaps we should appoint a regulator to look at the books and tell us all its ok. Well if you want more government intervention in everything, and to have to pay text £ to support an army of civil servants then yes. Unfortunately we live in "Something must be done about this" Britan and constantly ask Mr Brown (and before him Blair) to "Sort it out" creating the UK we live in where you cant move for laws, targets, inspectorates and massaged statistics.

IF yo have an account with Barclays cancel it. If not then wait for your banks results and decide who you trust with your cash (im thinking of the co-op).



At least with the Co Op, you know where your money is being invested, in ETHICAL markets....................
Barclays fund south african regimes including that moron Magabe (my opinion of coures!)

There's only one absolute certainty, money generates greed and money is the aim of many people. ergo, they are greedy. Which sums up many of the bankers responsible for this mess are currently finding themselves on the dole que.
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