'Bad' bankers get spanked, but not the ones who caused global financial crisis (VIDEO)
Shanxi Rural Credit Cooperatives has said it will investigate the unusual punishment doled out by the Changzhi Rural Commercial Bank in northern China.
Now, I want someone who'll line bankers up on the White House lawn for a harsh spanking, not someone who'll cut deals with them. @Breznican— Lucy Burton (@swirlOsquirrel) February 2, 2016
The video footage shows the trainer asking the eight employees, “Why are you ranked the lowest today?”
After they responded, “Because I have not exceeded myself,” they received several whacks with a wooden stick.
The trainer is seen making his way up and down the row, administering three rounds of corporal punishment which, judging by the sound of the whacks and some employee’s reactions, were pretty painful.
In the wake of all these banking scandals, perhaps we should spank our bankers over here too https://t.co/lSRiqlYEe7— Steve Shaw (@BishopsgateCopy) June 21, 2016
According to People’s Daily China, the trainer also cut employees’ hair as a punishment.
The bank said it hired the Hongfeng Leadership Academy to lead the “Breakthrough in Performance” session.
If only they'd done that to Western bankers years ago... https://t.co/Fvyg6Dz5kF— Pierre Briançon (@pierrebri) June 21, 2016
The viral video sparked a number of pointed comments from those who wish they could dish out the same punishment to bankers who caused the global financial crisis and subsequent austerity.
Spanking errant bankers – what a good idea! BBC News - Video shows staff at China bank being spanked https://t.co/uW3bBvPWLP— Angus Donald (@angus_donald) June 21, 2016
They should line up some central bankers for a few rounds of spanking https://t.co/AHlsdeWeBZ— Gold Kiwi (@freegoldkiwi) June 21, 2016