Now we know why banks go broke,cry for doles from Governments ans our loan interest rates are high!RBS received govt money with out public knowledge. it has come out recently.
Story:
At least 5,000 bankers will earn more than £1 million this year, according to the Government’s City minister Lord Myners.
He called on major shareholding institutions as well as the trade unions to tackle the issue immediately before it was too late.
His comments came as it emerged that Royal Bank of Scotland intends to pay out bonuses of well over £1 billion to its workers.
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/6711241/Lord-Myners-5000-bankers-earn-more-than-1m.html