Goldmine Sachs: Bank's bonuses cut to a 'mere' Ł142,000 EACH

Legal Beagles

News

Joined: Aug 2007

Posts: 23055
- Share
- Tweet
#1

Goldmine Sachs: Bank's bonuses cut to a 'mere' Ł142,000 EACH

17th December 2008, 10:02:AM

Yesterday the firm posted its first loss for almost a decade. And earlier this year it was forced to accept a Ł6.5billion lifeline from the U.S. government after falling prey to the economic crisis. Now, an amount equivalent to two thirds of that aid will be paid to its workers as bonuses.

More...

Tags: bank, bonuses, crisis, economic, equivalent, government

Previous Next

LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.

If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.

If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.

Goldmine Sachs: Bank's bonuses cut to a 'mere' Ł142,000 EACH

Goldmine Sachs: Bank's bonuses cut to a 'mere' Ł142,000 EACH

Announcement

Court Claim ?