The average base salary's at the large banks may make you wonder what some in the Occupy Wall Street movement are talking about! In any company there will always be executives or major contributors to the bottom-line (salesmen and traders for instance) whose yearly compensation most can only dream of. Of course in return for that compensation they work their asses off and live under the const...

Building societies are making increasing noise about the unfairness of the Financial Services Compensation Scheme which is seeing the prudent mutual sector facing a bill of £1.1 billion for the failures of the banks. Building society bosses are furious that they avoided the excesses and risks of the banks yet are being forced to foot the cost. Paul Ellis of the Ecology building society told ...

Feminist Philosophers reports on the appalling case of a woman's rape compensation being cut as she 'had consumed alcohol'. This was appealed against now the victim shall be receiving her full compensation. The BBC report also mentions that this has happened in 14 other cases. It beggars belief that a drunk woman could be blamed for rape. A woman will only be raped if their is a vil...

The BBC learns that the government is to pay compensation to the families of those killed and wounded on Bloody Sunday.

We learn from the BBC that the finance ministers of the EU member states have agreed to raise the minimum level of compensation under the deposit guarantee scheme from €20,000 where it stands at the moment to €50,000. That brought a comment from Robert Peston, the BBC's destroyer of banks and one-man rumour mill, that it was "practically irrelevant". He didn't mean it in a broa...

The Criminal Injuries Compensation Authority has admitted it was wrong to reduce compensation to rape victims who had been drinking. I find it shocking that this situation arose in the first place. I assume the point of criminal injuries compensation, is to compensate people for the effects of being the victim of a crime, and

The BBC reports that the banks are wanting to see Woolworths be wound up, with the loss of 30,000 jobs, rather than allowing the company to be refinanced and taken over. This is apparently because the banks want to get their hands on the money sooner rather than later. I though the government had loaned billions of pounds of tax payers money to banks in order to allow them to maintain loans to bus...

Would the BBC ever pay £30,000 compensation to the BNP for defamatory remarks made by a panellist on Question Time!?! "On occasion, this results in unfairness to individuals who aren't there to put their view and this is one of those occasions."

Rather than just make below market loans, with few or no conditions, we could have made loans conditional on changing the way the banks did business. This would mean prohibiting them from dealing in complex derivative instruments, limiting leverage and seriously cutting executive compensation. Hmm. The reason we were worried about the banks falling over is because

The Financial Services Compensation Scheme covers the first £35,000 of savings per person, in each institution. Anyone with savings of more than £35,000 must be considering withdrawing the excess and spreading it across different banks; which means they are also considering which banks are vulnerable and moving out of them completely - you would wouldn't you? Who wants the hassle of claiming and...