Monday, December 28, 2009

“Important” bankers need money

I’m getting mixed messages from the banking world. On the one hand, they are saying that they provide a vital service to the world economy. On the other, bankers are threatening to leave the UK after the country placed a supertax on their salaries.

Now if you truly feel that you are providing a vital service to society and “doing important work”, isn’t that a reward in itself?

I don’t hear anybody threatening to leave Britain if their work is made less rewarding. No, the only reason bankers ever leave anywhere is if someone threatens to take away their big bags of cash.

End of story.

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