Bank Fat Cats Will STILL Receive £3.5bn In Bonuses - Despite Brown's Pledge To Slash Them
' City fat cats will receive 'megabucks' bonuses totalling more than £3.5billion this year despite the financial crisis, analysts predicted yesterday. Hedge fund managers, investment bankers and commodity traders are expected to be awarded seven-figure payouts at the end of the year, according to a report by an economic consultancy. The prediction came days after Gordon Brown called for an end to the days of 'irresponsible behaviour' and excessive bonuses as he unveiled his £500billion bank rescue plan.'