tkb417:

eldee
switch to Finance and get paid 1 milla na

btw, i need you to tidy up some deals for me o

chamotex:

But that is because they are a key instrument in the success of the economy, both short-term and long-term.

Sagamite:

The one wey make me laugh is the one of RBS wey the same bankers that lost people's pensions and help some lose their jobs are the ones demanding huge bonus to keep the "talent" from leaving. I say "shoo, dem be talent when dem lose £18bn"!  

eldee:

You say it like no one else has a hand in the smooth-running of the society.

Forget that side, everyone has a hand in it . . . you saw what happened at Northern Rock, panic withdrawals almost crashed the bank before the recession.

eldee:

Hehehe
My very own local Chinese restaurant close because of RBS. Those idiots don make I start to dey learn how to cook.
After that, Chamo go talk say e no affect me

chamotex:

But e no affect u reach person wey don lose him house, wey don dey leave under A406 bridge. 

There's an altenative/substitute for your Chinese . . . Have u tried Indian or Kebab (Turkish)?

chamotex:

Of course everyone does but at what rate? That's why I said both short-term and long term.

I once saw on this NL where someone posted a thread where her bank told her to meet a target of N200,000,000 by December.
That was like last week . . . and the funny thing is her job was on the line here.
Imagine that!  

She's probably redundant by now.

Everyone contrinutes one way or the other but some, more than others

EPOMA:

@ Jay Bee

Thanks for this Topic.

I use to think that Banker bonuses where crazy but I have come to realize that it is one of the hardest Job. When I mean bankers, I am talking of investment banking. Those traders are special.


I have to agree with you. I shall look at them with NEW eyes.

mama-gee:

Bankers deserve nothing.

mama-gee:

Bankers deserve nothing.

EPOMA:

@ Jay Bee

  Thanks for this Topic.
 
    I use to think that Banker bonuses where crazy but I have come to realize that it is one of the hardest Job. When I mean bankers, I am talking of investment banking. Those traders are special. Because of globalization , if you don't pay the good traders or bankers money, they can simply move to another company or country and that company loses. Bonuses can not be stopped in investing banking.
     For Nigerian Banking, I think it is very different and i have always told my friends in the banks in Nigeria that putting pressure on staff to go and bring customers to deposit money is not really banking, charging customer  5 per thousand is just robbery by banks. They should open wide their  investment wings and make proper money from the world market.
Below is some good links to read

http://www.google.co.uk/imgres?imgurl=http://img.dailymail.co.uk/i/pix/2008/04_04/GregCoffeyES_468x562.jpg&imgrefurl=http://www.dailymail.co.uk/news/article-561417/City-heartthrob-gives-160million-bonus-hedge-fund-boss.html&h=562&w=468&sz=70&tbnid=0q4IOfUi1dz7aM:&tbnh=133&tbnw=111&prev=/images%3Fq%3Dgreg%2Bcoffey&hl=en&usg=__UfNihkdUEvyMLS8Ocf0ak-Tbke8=&ei=FT3XSuu4NJK04Qb7stHNCA&sa=X&oi=image_result&resnum=4&ct=image&ved=0CBEQ9QEwAw

another link
http://www.makemesomemoney.co.uk/2009/05/07/rajesh-gill-the-7-to-7-man/


I think Good Bankers  Deserve what they earn

udeychop:

Investment bankers deserve the high bonuses they get.  I work a 12 hour shift very often, and there are large amounts of money at stake – usually six figure sums and more and my job is extremely intense and intellectually demanding.

udeychop:

What I don’t agree with is retail banks diverting from their core business and starting to do business like investment banks.  These are the people who now need the taxpayers money, NOT INVESTMENT BANKS and I don’t think they deserve the huge bonuses as the taxpayer now has to pay for their greed.  Retail banks are not supposed to be trading on the stock market as their core business and this is what happened – contributing to the financial crisis.

thameamead:


they should be sent to afghanistan to flight the Talibans, LOL!!!!!!! Jaybee, u are first on my list, LOL!!!

thameamead:

GREEDY BANKERS- i hope they all rot in hell with their private jets, They just want to have a nice life but they do not want to pay tax, their bonus should be taxed, they are just too arrogant, they employ the best accountant so dat they do not pay too much tax, they were happy to give sub prime mortgages to the poor but now they are repossessing their houses, these people are heartless, go to any homeless sections of any london council or the citizens advise centre n c families with children as young as 6 wks trying to get teh council to help them, bloody bankers,

debosky:

Deserve? How can we determine whether someone 'deserves' something?

As long as the bankers are following the rules of their industry, doing what they are supposed to do according to the law, then they do deserve the incomes they obtain.

It may not sound 'fair', but life isn't fair - as long as it is by the rules.

thameamead:

GREEDY BANKERS- i hope they all rot in hell with their private jets, They just want to have a nice life but they do not want to pay tax, their bonus should be taxed, they are just too arrogant, they employ the best accountant so dat they do not pay too much tax, they were happy to give sub prime mortgages to the poor but now they are repossessing their houses, these people are heartless, go to any homeless sections of any london council or the citizens advise centre n c families with children as young as 6 wks trying to get teh council to help them, bloody bankers,

tkb417:

Sauron, how market?
are u still an engineer?

~Sauron~:

I am closer to the banking industry now than oil/gas schitzo.
Banking is where the money's at. . . . . . . . .My friend working with HSBC is all smiles now stashing mad pay Debosky's oga can never pocket.

debosky:

Deserve? How can we determine whether someone 'deserves' something?

As long as the bankers are following the rules of their industry, doing what they are supposed to do according to the law, then they do deserve the incomes they obtain.

It may not sound 'fair', but life isn't fair - as long as it is by the rules.

tkb417:

hahahaha
long hours nko?
your weekends nko?

u wont have those luxuries anymore man?

debosky oga drives a bentley

tkb417:

so who wud be goin to afghanistan?

the london IB bankers i suppose

im in Nigeria and we didnt get none of your TARP money

the last time i checked the govt of Nigeria didnt bail my company out so i can safely conclude i deserve all ma pepper!

na wa o
na curse

tkb417:

hahahaha
long hours nko?
your weekends nko?
u wont have those luxuries anymore man?

debosky oga drives a bentley