UK court fight over bank bonuses

Posted on / Companies / Banks - UK court hosts fight over bank bonuses.

Commerzbank has gone to the UK’s High Court to strike out lawsuits brought by 104 investment bankers who claim they were entitled to receive millions of pounds in discretionary bonuses from a €400m ($520m) pool.

Adds a whole new meaning to 'discretionary', doesn't it?

Abuse of the concept of 'entitlement' because 'we're worth it' also comes to mind.

This is the banker/right wing/ Tory mindset for you.