While the financial Mafia, lead by the likes of Goldman Sachs etc. continue with their slash and burn of the living standards of all the ordinary people across Europe, they have no qualms whatsoever in gorging themselves on the fruits of their plunder. It is not done surreptitiously, no it is done quite blatantly, their arrogance makes them feel they are entitled to such stratospheric payments.
It's hard being a banker, I have to make some tough decisions.
Take Mr Lloyd Blankfein, head of Goldman Sachs, while you and I are suffering from a wage freeze or wage cut, this hard working gentleman received, for his 2011 annual pay, an increase of 14.5% taking his reward for a hard years work to the princely sum of $16.2million. This is approximately £10.3million a payment that makes up his salary, bonuses, long term share rewards and perks. You can rest assured that every penny/cent of that was gleaned from the “austerity cuts” and “deficit reduction” being imposed on the rest of us. Well, that's capitalism for you.