Bonus is last thing bankers deserve
Published 13/12/2010 | 05:00
WE now learn that our bankers are to receive a whopping €40m for crippling the Irish banking sector and putting the country into the height of debt. Massive bonuses are to be paid to people who do not deserve them.
The idea behind bonuses is to give workers a reward for doing a better job than expected, not a worse job.
There seems to be an attitude in this country to keep on paying and employing people who do a bad job, people who should be nowhere near the jobs they hold given the billions they have thrown away on bad debts and chronic mismanagement of their now discredited institutions.