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Re:UBS Got Credit Suisse for Almost Nothing by rcme on Monday March 20, 2023 @05:55PM (#35239336)
Yes, but in banking, government bailouts have also come to be expected. Clearly the public should consider bailouts and fat profits and bonuses as fundamentally incompatible.
Re:UBS Got Credit Suisse for Almost Nothing by gruez on Monday March 20, 2023 @06:11PM (#35239522)
>bailouts and fat profits and bonuses as fundamentally incompatible.

I noticed you specifically called out "bonuses" but not salaries or wages, implying that bonuses are bad but salaries and wages are not. However, as I pointed out, the bonuses should effectively be counted as wages because they're expected.

Re:UBS Got Credit Suisse for Almost Nothing by rcme on Monday March 20, 2023 @06:33PM (#35239798)
I also said fat profits, which generally encompasses all business activity.