Central bankers moved heaven and earth to save their codependents and this entitled their execs to bonuses of course. Time to storm the castle!

March 2 (Bloomberg) — Chancellor of the Exchequer Alistair Darling urged pay restraint and moderation from U.K. banks, and still they raised compensation.

Barclays Capital, the investment-banking unit of Barclays Plc, increased its pay and bonuses per employee by about 93 percent in 2009, according to company filings.

GMAC paid Carpenter about $1.2 million for the month-and-a- half he was employed by the Detroit-based company last year, equivalent to full-year pay of $9.5 million, according to a regulatory filing today. Goldman Sachs paid Blankfein $9.6 million for 2009.

GMAC isn’t even a real bank, they morphed into a bank to get US bailouts and now they’re one of the immortal 19 and shit like this still happens. They should have gone into BK nad been liquidated

Amen!!

If I were still working for the Bank-That-Shall-Not-Be-Named, this would be up on my cubicle wall in the morning where it would find a comfortable home with several dozen Dilbert strips.

When I worked there I could always tell who the realists were by the number of Dilberts posted at their work stations. I mentioned this to a friend who does a lot of consulting work in the EU and he told me of a friend and sometimes colleague who has developed a basic Dilbert Index which he determines when he goes into a firm for the first time.

The more Dilberts he sees posted, the bigger the trouble the company is in. It has not failed him yet.

What I don’t know is whether he bothers to do a detailed analysis as to whether particular Dilbert strips preponderate and, if they do, whether they indicate those parts of the company most in need of sorting out…

So it goes…