Bonus scandal adds to woes at BGB

Headline: Bonus scandal adds to woes at BGBSource: EuromoneyDate: August 2001Author: Anja Helk         Klaus Landowsky If you’re desperately trying to pocket a bigger bonus than you know you deserve, do as the Gesellschaftler in Berlin did. Approve some dodgy credits (take some political donations on the way, too, if you are […]

Headline: Bonus scandal adds to woes at BGB
Source: Euromoney
Date: August 2001
Author: Anja Helk

       
Klaus Landowsky
If you’re desperately trying to pocket a bigger bonus than you know you deserve, do as the Gesellschaftler in Berlin did. Approve some dodgy credits (take some political donations on the way, too, if you are in the right party) reduce the risk provisions for the loans, then wait until profits amass in the next year, and voila – the bonus is yours to collect.




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