MAIL Online: City bankers are set to pocket huge bonuses again, despite bringing the world economy to the brink of ruin.
Goldman Sachs yesterday promised thousands of staff - 5,500 of them in the UK - a 33 per cent pay boost after it returned to profit.
Other banks are expected to follow suit after benefiting from trillions of pounds in government bailouts.
Last night angry MPs condemned what they said was 'business as usual' for City fat cats. Goldman Sachs was accused of 'taking the mickey' out of taxpayers with such massive bonuses during a global recession.
The Wall Street bank, bailed-out with £6.7billion from the U.S. government only last October, has raised its bonus and pay pool for the first three months of this year by 17 per cent, to £3.1billion. Sachs of Gold: Six Months after Bailout Costing Billions, Greedy Bankers Reward Themselves with a NEW Round of Huge Bonuses >>> By Simon Duke and Olinka Koster | Wednesday, April 5, 2009
