Not a question of honour, but sense would dictate that money would not be paid if sufficient profit had not been generated in order to pay it.
Simplez.
Thal
Which is, in banking, something of untrue in a number of cases, such as in the case of the bank that gave bonusses that were larger than the net profit of that bank.
How much bonus has been given to bankers whose bank went down and were kept upright by government (= taxpayers) money? Some $20,000,000,000 in the case of Wall Street I believe, and about a third of that in the UK recently?
Most bonusses are negotiated beforehand, so that the recievers get their bonus
no matter how the company they run performes. That I would call a sick system. I would not deny a bonus, but would like to
earn it.
gep