Pyramid Comment

This journal takes an alternative view on current affairs and other subjects. The approach is likely to be contentious and is arguably speculative. The content of any article is also a reminder of the status of those affairs at that date. All comments have been disabled. Any and all unsolicited or unauthorised links are absolutely disavowed.

Tuesday, February 10, 2015

Barclays, Bonuses and Sackings

  • This last one seems peculiar and is almost as if the £20m was always a fiction to enable the £2m to be regarded as...
that was cheap, wasn't it?

It wasn't that long ago that Barclay's investment bankers were 'given' very (very, very...) large bonuses even though the overall business was making huge losses. It seems long enough ago to imagine that observers had forgotten. This bank now sacks thousands of employees to streamline the operation.