When times are good and the banks do well, bankers & CEOs say they are so clever and deserve to be rewarded.
The ordinary people get nothing.
RBS Paid 95 Bankers More Than 1 Million Pounds in 2012
Scandal-hit HSBC lavishes £1million payouts on 200 staff in year it was fined £1.2bn for money laundering
Twenty-One U.S. CEOs with Golden Parachutes of More Than US $100 Million (Each)
When times are bad and the banks lose money, officials say sorry ALL of you ordinary people got to lose a big part of your bank savings (by a government decree - minus 10 per cent) to save the economy.
E.U. Bailout Tax Sparks Bank Run In Cyprus
Of course everyone in Cyprus is rushing to withdraw ALL their savings from the Cypriot banks.
Which will lead to the rapid collapse of all Cypriot banks.
What kind of incompetent EU official thought of this.