Read the Rule Book

Every time I hear someone complaining that bankers have done nothing to deserve the bonuses they are paying themselves I want to jump up and down in rage and shout “Read the Fucking Rule Book”. If you think bankers haven’t done anything to deserve a bonus then I think you’ve missed the point of their employment. They are paid to make money for the owners of the business. As merchants banks are quasi-partnerships this includes themselves. Whenever they con or finagle some money out of the system into their own pockets they have done their job.


If you want bankers to be paid for delivering banking services to the wider economy then may I suggest you do three things.

1) Threaten to take your money elsewhere.
2) Form or join a Mutual or Co-op.
3) Don’t vote for Thatcher.