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There's a bizarre idea that every banker is somehow intertwined with the company's performance as a whole. How exactly is an investment banker to blame for PPI?
If you started a job, and your employer said "if you increase sales in your sector by 50%, you will receive a bonus of £20k", then at the end of the year they said "well done for meeting your target, but as a company we've lost money, so you won't be getting your bonus", you wouldn't exactly sit there and accept it. You're contractually owed that money.
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