Sunday 4 December 2016

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.

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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.

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