Bonus time is just four months away

Christmas is just four months away. Along with Santa, dried out turkey, and crap TV, it is bonus time in financial markets.

Here is an interesting question; do you think the banks are going to pay out any bonuses this year? It would be hard to justify any payouts, given the appalling performance of the share prices of financial institutions.

I reckon that despite everything that has happened in the last year, we are going to see the same obscene greed raging in the city of London that we see every year.