» Thursday, June 9, 2011
Banks
Asked about Stephen Hester admitting that some taxpayer’s money could have gone in to paying bankers bonuses, the PMS replied that the Government had put a significant amount of money into RBS and they had paid bonuses.
Asked if that was right, the PMS said that banks were operating under much stricter rules and the rules that the FSA had on bonuses were some of the tightest people would see around the world.
Briefing took place at 15:45 | Search for related news
Original PMOS briefings are © Crown Copyright. Crown Copyright material is reproduced with the permission of the Controller of HMSO and the Queen's Printer for Scotland. Click-use licence number C02W0004089. Material is reproduced from the original 10 Downing Street source, but may not be the most up-to-date version of the briefings, which might be revised at the original source. Users should check with the original source in case of revisions. Comments are © Copyright contributors. Everything else is © Copyright Downing Street Says.
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