And where would they find a better paid job?

Don’t forget to include the bonuses and the perks. They still have boxes in all the stadiums,premier league and gaa,swan around in business class everywhere,have company expense accounts that dwarf most salaries and are laughing their well trousered arses off at the mugs who bailed them out. Us. The rage that most of us feel will hopefully boil over sometime. Looks to me like Sinn Fein are our only hope of any kind of justice. Maybe their economic policies are cloud cuckoo land but can’t be any more disastrous than the current bunch of gombeens.

And that’s not including the 64 Billion we are paying for their stupid mistakes, great country we live in.

barack obama the president of the usa gets 240k (dollars ) per year and runs the second largest country in the world ,our toiaseach gets nearly 250k euros with perks, our bankers are getting the same for fooking the country up ,about time people in this country woke up and smelt the coffee,country is a joke also since 2008 the top 10 % earnings has GONE UP BY 8% and the bottom 10% of earners income has GONE DOWN BY 28%, this is fact folks and posted on my facebook home page

Wy would this and governments before piss their bosses off and scale down their huge salaries for Failure.Theres billions sitting in the Banks but their keeping it and our glorious government are unwilling or are overuled by Bankers even when they do get a sniff of courage to ask.If you support a right wing push to transfer all the wealth to the top 10 15% in the country then dont be flabbergasted when it happens.Its just basic common sense really.FF are FG so if your going to a garage to buy a car and there’s only two cars there both nissan and red dont be suprised if you come home with a red nissan even though theres a garage down the road that sells all types of cars in different colours but you,l stick with the red nissan because you cant be arsed to walk down the road to the other fella.FF/FG the same difference ,copying what other peo[ple have said 4yrs ago, talking shite and supporting it too.Bankers like politicans get rewarded for failing the people ,the Bankers know it Government know it, electorate have’nt a clue.

That’s FG / Labour for you , FF in drag !

we can’t afford it or the td’s 200k wages but no matter what they will be paid until the kitty is empty and by then they will have nice fat off shore bank accounts then they buy up property when prices are lowest wait for it to mature and cash in again..one might think it is intentional just like in America 1920s a group of super rich bought into shares and waited for the prices to go up then they pulled out as did everyone else leaving prices at a all time low then bought up the shares..money followed money

Given the report that FF are back on the move again in the popularity polls ,will it make any difference to Martin and his crowd. These salaries are dating back to when FF were slapping the backs of the bankers.Well it would be fair to say most of them were.should he not be saying something like…look what we did!!…and we are on the way back!!!

#Eileen- until you’re paying your taxes and contributing fully to the state yourself you have absolutely no right to comment on what state employees are getting paid.

If a new independently financed Irish bank were to open would you move your account there? AIB and BOI ruined this country, many of the key people involved are now paid over 100k per annum from money the country has to borrow to pay them and they continue to mislead and screw people, jacking up prices and writing off peoples credit score when they themselves should no longer exist such is the catastrophic use of credit they indulged in. Shame on them, even having a debate on the role of these banks affords them a legitimacy they no longer deserve, they are business’s that failed spectacularly, bailed out by a corrupt government with the pain of their incompetence put on all Irish citizens here and abroad and there they are collecting 100k plus salaries, they should actually be named, if we had a good investigative journalism in this country, the 1700 would be named, their salaries printed and the role they played in the credit fueled fiasco detailed, if they deem themselves deserved of this salary despite all they are responsible for they are deserved of being subject to transparency and accountability. There’s a project for the Journal that would propel it to national attention.

how and why are we allowing this. Can someone please tell me who is allowing him to get away with this and if so what can we the people do to stop it.

Remember Enda and Eamon said we are all in this together! Hmmm not so sure!

Can someone confirm for me?
Is €100,000 multiplied by 1700 equal one hundred and seventy f***ing million Euro a year?
And that the heading of the article says ”paid OVER €100,000 a year”?

So including the ”OVER” plus expenses, plus wastage, plus squander, plus,plus, plus what is the overall figure?
€500 million a year?
A Billion a year?
To pay these bunch of useless wasters???

It’s strange seeing IBRC’s name mentioned in a bad context in the media.
Our rulers wont be happy with this.

The disgusting thing about this is that there are probably another 17 thousand or so getting paid 50-60-70-80 thousand a year plus generous golfing expenses etc for the last 4 years, to do nothing to sort out the filthy mess that they have created.

As their customers are pushed further over the edge.
http://www.independent.ie/national-news/banks-are-hounding-borrowers-to-suicide-2644478.html

Shut these Zombie Banks down and put the funds towards helping the loyal customers who they mugged.

Didn’t all these prats stay in their jobs, after massive failure through the machinations of that traitor Brian Lenihan.

Unless you are any use to them like being in debt then you and im not saying you personally .Then all you are is on oxygen thief they dont care what no balls Kenny says nevermind Vinny Browne.Sheep for the Wolves.Control the money supply all else is irrelevant.

Is that to me? Creamy,if it is i’m just curious to what people understand a “banker”to be.

The reality is that if Bankers and Politicians salaries were reduced to the minimum wage the whingers on this site would be as critical as they are now. One of the contributors asked if anyone knew what a Banker does and another suggested that they all took their instructions from Wall Street while a lady went on about Contracts for Difference as if she knew what they were and your friendly local Bank Manager was pushing these on you over a pint.
There are clearly two world out there and I strongly believe that my mother was right when she told me to never argue with a fool. Onlookers might not be able to tell the difference……..contacts or not!

I assume Paddy you and your mum never had an argument so ?

Wouldn’t want you doing statistics for me.Stupid point

Tara “develop new exciting financial products” would that be “Soverign Debt Scam” “QE3″ or just collapsing the Euro Dollar and introducing a World Currency and Banking union that supervize’s your life and values you on how much you owe and how long you,l be there debt slave hmm.Exciting.

But at least they have the education and smarts to understand what all those financial products are. In america, they developed the CDO’s which broke their banks to offset the bad lending they knew they were doing. The scary thing in Ireland, is that our bankers really didn’t realise they were doing anything wrong. That’s the difference. They have smart, educated bankers and ours ones wouldn’t last 2 weeks in any higher-up position over there.

Well thats true but i suspect Irish Bankers get their orders from Wall Street so Irish bankers are only facilitators really .The smart educated bankers you speak of in the U.S are smart educated masonic nutjobs that are taking the world apart so they can introduce a new currency and dictate pollitics and way of life through fiscal budgeting on the debt generations and the evil thing about it .Its all an illusion .

because you’re talking sh*te

You’re an idiot.

I was hoping someone would raise this point….the blanket term “bankers” is being used to cover all manner of professionals who happen to work in banking groups.

If these professionals were been paid by a private company their pay wouldn’t be an issue. They question is can we get the same calibre of professional for the public sector and state owned banks for less and the simple answer is yes.

All the high paying professionals in the public sector have been there for a least 15 years which is long before the high wages were granted (on the back of taxes paid by constrruction workers). They didn’t go abroad when wages were low because they knew they couldn’t hack it in america or the UK..

Lets drop their wages (offer no redundancy) and see if they will leave or take the pay-cut. These professionals know they wouldn’t earn what their earning here anywhere else so they will stay. it’s that simple. I think anyway :)-

They are actually private companies with the exception of one.
Do you really think it would be fair on any employee to just cut their wages?
You do understand the majority of bank employees had no say in anything close to what caused the banking crisis.
Want to make a bank worthless get rid of the employees. Many of whom have staff with over 15 years of employment.

I’m not saying its fair to cut employee wages when a company is making a profit but if its making a loss they either cut salaries or shut down and nobody gets any salary. But you miss the point on private companies in Ireland. if you have a business and its subsidised to the degree that without that subsidy you would make a loss then you are owned by the sate and the state should impose it’s will on all of them. I include not only all the Irish Banks (BOI is not provate as without government support it would close down in the morning as I haven’t heard them making a profit yet) but I would include all health professionals, farmers, anybody been subsidised by the state. the government is in a unique position to enforce its will right now to get through all the changes they wish to. If the workers don’t like it, they should leave and get a job in the private sector or maybe leave the country like the hundreds of thousands of constrction workers whom were the ones who paid their high wages for the past 10 years.

Idiotic to cut all subsides due to a some perceived belief this would save money long term. Setup costs to reinstate needed services would mount pretty quick later. You could of course set up any funnel to get money out of the country.
It also needs to be understood that the people working there might be generating income. You also have comparative salary are you going to cut a managers salary and have the people he is in charge paid the same.
Let staff go? Who will run the bank.
This is a statement to trick people who don’t understand economics.

That’s the thing, no staff have to be let go. They will work for 50% of their previous pay no problem. This is proven by new teachers starting off on 30% less than existing teachers and still theres plenty to be had. 95% of all bankers in Ireland would not be able to source a job elsewhere in the economy so their choice would be 50% cut in pay, €188 per week on the dole or emigrate. I think they would take the cut and there you go, the taxpayer saves 50% overnight on payroll costs. It’s that simple.

In relation to the banks, the government should have pumped that money into a separate bank and let them go to the wall. Legislation could have easily been passed to take control of all deposits with the shortfall made up of the amount we already have put into the banks.

All state paid professionals in this country are what economists call “rent seekers” i.e. they produce little of value to what they are paid. That’s actually real economics since you broght economic terms into it :). If they all believe they could do better abroad, we should let them go, but they won’t.