The free economy, French style
I've long found French right-wingery a curious beast, but how about this:
"While Nicolas Sarkozy asks French bankers to give up their bonuses in exchange of the State aid, the UMP has announced that it will name and shame any recalcitrant bankers".
Two grand fromages at BNP-Paribas have foregone bonuses of €875,000 and €2,270,000 this year, which must have hurt. If French bankers spouses are anything like those in The Telegraph's Alex strip, they can look forward to divorces, or at least an outbreak of shoe-throwing to go along with their acts of masochism / solidarity / patriotism / insanity or whatever. Maybe legions d'honneur will be forthcoming.
Soc Gen and CréditPatate Agricole bods have already told Sarko where to get off. I believe Geneva is nice this time of year....
"While Nicolas Sarkozy asks French bankers to give up their bonuses in exchange of the State aid, the UMP has announced that it will name and shame any recalcitrant bankers".
Two grand fromages at BNP-Paribas have foregone bonuses of €875,000 and €2,270,000 this year, which must have hurt. If French bankers spouses are anything like those in The Telegraph's Alex strip, they can look forward to divorces, or at least an outbreak of shoe-throwing to go along with their acts of masochism / solidarity / patriotism / insanity or whatever. Maybe legions d'honneur will be forthcoming.
Soc Gen and Crédit
Labels: business, France, L'exception française
This entry was posted
on Monday, January 19, 2009 at 3:14 pm.
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Bloody hell, and we thought the Left were making a resurgence in the UK!
Perhaps public flogging for French bankers is the next logical step.
The German far left has a similar idea:
"Oskar Lafontaine, the head of the hard-line-socialist Left party, is backing the controversial call by the party's presidential candidate Peter Sodann to jail German bankers like Deutsche Bank CEO Josef Ackermann".
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