Does this explain the current financial problems?

[MacGTR]

Good find. That should help with my personal statement in some way I am sure

[R33_GTS-t]

Originally Posted by Sunday Times

Staff at Lehman's New York office who helped to cause the world's biggest corporate bankruptcy are to share in a $2.5bn bonus bonanza.
....
The $2.5bn had been accrued as part of the contribution to the Lehman Group profits for the first 9 months of the year. Barclays said there was no obligation to pay out on the bonus promise, but analysts said the competitive pressure to keep staff means it would have to.

Congratulations arseholes.

Over-lend then raise interest rates and refuse to lend > Money wiped off average joe's asset value but average joe still left with the bill >
Bailout > Inflation - Money that was wiped off Average Joe's asset value added to cost of everyday living and taxes, +1 for the big business and bank cartels.

F*ck them. Al-Quaeda, anyone with bomb-making skills, you're welcome to these people.