£37 Billion bail out for banks

[DrP]

We are paying £37 Billion to bail out the banks. The wunch of fat cat city big bosses took £17 Billion as bonuses last year out of the, so called, profits.

 

Can't we demand our money back!!!

"Dear fat cats - you ****ed it up! We want our £17 Billion back so that the banks can keep running without us having to bail them out. You'll just have to make do with the hundreds of thousands of pounds you get in your basic yearly paycheck. Give us back our money!"

[bascule]

The EU is paying a total of E1.3 trillion (or $1.8 trillion)

[Pangloss]

Welcome to our world. You can borrow the money tree when we're finished with it, but I'm not sure if it will have any leaves left.

[Mr Skeptic]

Makes sense to me. Start a bank, suck all the money out of it as bonuses, and then leave before anyone figures out that the "profits" don't exist and the bank has no money. Or, stay and hope for government handouts. Where's the drawback?

[John Cuthber]

Doing that deliberately would probably count as fraud.

However I dont see how anyone could prove that you intended for the bank to fail unless they could show, for example, that you had discussed it on a website.

Damn! I just spoiled my chance of making a killing.