Commerzbank took over Dresdner and refused to pay out 400 million that is €1.87 million to each trader. In the middle of the negotations Dresdner agreed to pay its top traders this money in order to keep them on the ship.
That trial continues on the playing field.The financial elite have gone to the mountain top in order to meditate hoping for guidance as to where best to invest or hide their millions. Will they run into a cave or choose a Swiss private bank? Chief executives of the leading FTSE 100 companies in 2010 earned around £4.2m each. What did they do to earn this money? What about the shareholders? Banking rewards are extraordinary. Will this last? How much do you need to live on for one year? Successful financial elite, private equity and hedge fund executives are almost guaranteed to become billionaires unless they slip on a banana skin and invest unwisely.