Bank Loans

So Lloyds TSB are considering paying bonuses.

At least they are being consistent with other banks, namely paying for failure. They only bought HBOS less than six months ago which is now reporting monumental losses. They have said that the directors will not get bonuses, but how about senior management, not at board level, who were part of the driving force in this banking disaster. These guys never get a mention as they keep a low profile whilst picking up the money. Let’s see which grades of staff get the bonuses and not be told as a defence, that a large proportion of their staff only get £17,000 per annum.

source: BBC news