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Swiss vote massively against huge bonuses for big businessmen and bankers

(4 Posts)
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granjura Sun 03-Mar-13 19:01:30

What a surprise - the Swiss have voted today by 70% in favour, an initiative to limit 'indecent' bonuses - it will be interesting what effect it will have on the banking sector, and the big multinational companies who have chosen Switzerland for tax reasons. Will be interesting to see how the City reacts too.

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absent Sun 03-Mar-13 19:04:46

It certainly will granjura. Was the vote a surprise?

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absent Sun 03-Mar-13 19:05:09

Well, the outcome of the vote.

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granjura Sun 03-Mar-13 19:15:49

Yes, the Right of course had a massive campaign against, but the 'people' voted massively for- the extent of the win was a surprise. Following another thread, a good indication that the big banks and multinational businesses do not benefit the masses, and in fact mainly expats from the US and the UK, who mostly do not 'integrate' and live somewhat parallel lives, with private English schools, etc.

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