http://www.prosebeforehos.com/word-of-the-day/07/31/the-tax-payer-pays-the-big-banks-bonuses/ The Pen Is Mightier Than Thy Wench Fri, 19 Mar 2010 23:06:11 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://www.prosebeforehos.com/word-of-the-day/07/31/the-tax-payer-pays-the-big-banks-bonuses/comment-page-1/#comment-87073 alec Sat, 01 Aug 2009 22:03:46 +0000 http://www.prosebeforehos.com/?p=4300#comment-87073 How the fuck could you ever call a bonus a necessity? How the fuck could you ever call a bonus a necessity?

]]> http://www.prosebeforehos.com/word-of-the-day/07/31/the-tax-payer-pays-the-big-banks-bonuses/comment-page-1/#comment-87066 Zander Sat, 01 Aug 2009 04:55:57 +0000 http://www.prosebeforehos.com/?p=4300#comment-87066 After spending a week and a half with bankers, this crucifixion of their positions is bullshit. Bonuses are a necessity and have played out an integral role in the world of banking for a long time. Bonuses are used by banks to maintain loyalty amongst their ranks. Jobs in the banking world are much more liquid than most and in order to remain competitive, banks must have the best bankers available to them. In order to keep them working for them instead of the other guy, bonuses are paid out. Instead of using the word bonus, try using a more accurate term, like "keep-you-working-for-us payment" After spending a week and a half with bankers, this crucifixion of their positions is bullshit. Bonuses are a necessity and have played out an integral role in the world of banking for a long time. Bonuses are used by banks to maintain loyalty amongst their ranks. Jobs in the banking world are much more liquid than most and in order to remain competitive, banks must have the best bankers available to them. In order to keep them working for them instead of the other guy, bonuses are paid out. Instead of using the word bonus, try using a more accurate term, like “keep-you-working-for-us payment”

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