Montcigoux Posted August 17, 2009 Share Posted August 17, 2009 Just wondered after the report published in England today recommending a high pay commission. for the UK http://news.bbc.co.uk/1/hi/business/8204530.stm There is a quote in the report from the french finance minister is this a problem in France too? Do the top french bankers get paid enormously more than the lowest paid in the banks like in Egland or is this uniquely a City problem? I thought that even at the top end of the french property market the main buyers were foreigners because the french hadn't got any money. Link to comment Share on other sites More sharing options...
NormanH Posted August 18, 2009 Share Posted August 18, 2009 This article (in French, but I am sure anyone who needs to can Google translate it) deals with French bonuses in a ironic way, suggesting that traders have a Lottery win guaranteed by contract. Link to comment Share on other sites More sharing options...
woolybanana Posted August 18, 2009 Share Posted August 18, 2009 [quote user="Montcigoux"] I thought that even at the top end of the french property market the main buyers were foreigners because the french hadn't got any money.[/quote]They have loads of money tucked away though not sure how much comes from bonuses. The thing is that at the moment there is lots of hot money from recently closed accounts which was hidden in various paradis fiscaux, belonging to the Belgians and Dutch, which is buying property abroad before their governments get their thieving hands on it. Link to comment Share on other sites More sharing options...
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