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London Banker Demands $250M Taxpayer-Funded Bonus Print E-mail
by Tom McGregor    Wed, Jan 30, 2013, 12:38 AM

Able 4.jpgYet again, here's another story of a corrupt London banker. A banker, John Hourican, who had caused his bank to get fined $500 million, is demanding that British taxpayers give him a $250 million annual Christmas bonus, and is filing paperwork to charge taxpayers with late-payment fees.

The Daily Mail reports that, "taxpayer-owned Royal Bank of Scotland setting aside $250 million for bonuses … despite facing a $500 million fine for rigging Libor rates."

London Banker, John Hourican, is also demanding $4 million worth of RBS shares, despite financial difficulties the bank must currently contend with.

According to the Mail, "the share price fell yesterday after reports that criminal charges could be brought against the bank."

Additionally, the London banker, John Hourican, insists that RBS, not himself, should pay the fine, while he still waits to receive his $250 million bonus.

To read the entire article from the Daily Mail of London, link here:

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