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Bailed Out Banks - The Ten Commandments

Thou Shalt Not
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DirectConnect July 08
Mason Blake - Best Contingency 2009
Here's a little something we thought you might enjoy.

1. You shall have no other stakeholders but the taxpayer

2. You shall not take the names of your lawmakers or government officials in vain

3. You will not increase base salaries or other perks

4. You will not pay out any cash bonuses 

5. You will not spend money on corporate events, sponsorship or hospitality, even though to do so would help stimulate the economy

6. You will cease all incentive events for employees, even though a demotivated workforce adversely impacts performance

7. You will do away with your fleets of corporate jets, ensuring that your senior executives waste their time travelling to clients / engagements inefficiently, when they should be focused on strategy

8. You will not compete in the marketplace, you will hire and retain only second-rate staff

9. You will do nothing, spend nothing, produce nothing and earn nothing

10. You will remain in hock to the taxpayer for all time

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