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Bankers of Goldman Sachs were accused last night of living in a parallel universe after they had declared to `set
aside` £ 8 billion ..an average of £ 238,000 each..when their profits continue to slide.Another example of excessive
pay for mediocre performance.
Add to the speculation of RBS Chief Executive could be paid £ 1.5 million,when the Government own 83 % of the banks
shares,is more pressure on Cameron who is about to join the growing debate on moral capitalism and make a speech
on how he will set out plans to restore and reform a modern form of ``popular capitalism``.
However we are reminded Cameron made a similar speech in Davos 2009 where he called for a ``Radical Capitalism
with Conscience``
This speech will be followed on Tuesday by Cable to address the `City`s Short Termism`.
City Fund Managers Fidility are said to be in agreement.
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