Barclays hands out pay raises for investment bankers

Merry Christmas! It's as if the credit crisis never happened. This is what happens when you save an industry from complete collapse and fail to dictate the terms. The only people who are more...

Kucinich to investigate Citi tax deal

Hold on there fella. That's not the way you're supposed to act in Washington. If Kucinich actually succeeds in stopping this latest Wall Street giveaway, he might disrupt the well oiled machine...

British bankers lobby to avoid 50% tax

My first reaction was that it's all a bit too late. Why did they have to wait so long to come to such a position? Then again, raising four times the amount does have its benefits during these tough...

Job-seekers in finance will take less pay

Gee, no kidding? As I mentioned recently, I witnessed the same from a friend in the business who took a job for much less than he was making because it paid. Despite what the Citi people inside the...

Royal Bank of Scotland CEO complains of "politicization"

Too funny for words. What a coincidence that he only makes a payout if the share price is higher. In other words, he's ready to have everyone shut up so he can get back to the risks that brought us...