Big City Bonuses Are Back! ; Less Than a Year After Banks Took Billions in Taxpayer-Funded Bailouts... [Scot Region Edition 2]

Daily MailJuly 11, 2009

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Summary


CITY banks are preparing to lavish record bonuses on staff less than a year after bringing the world economy to the brink of meltdown.

Many high-flying traders and dealmakers are looking forward to 'mindblowing' payouts on a par with the rewards handed out at the height of the banking boom in 2007.

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Extract


Big City Bonuses Are Back! ; Less Than a Year After Banks Took Billions in Taxpayer-Funded Bailouts... [Scot Region Edition 2]

This is despite many of the banks only being able to turn a profit because they have been bailed out with taxpayers' money.

Wall Street giant Goldman Sachs is expected to confirm next week t...

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