His p&l must have been down. If he was a rainmaker they would not have fired him. could be that he was fired for 2 weeks or whatever until this blows over, and then he's welcome back?? $350k base plus $50k bonus is sort of a weird structure... what is that, like 15% bonus? further evidence that his book was down... And while I don't condone his antics, neither do I have massive sympathy for the protesters that complaining about the reduction of government redistribution systems. if there's a demand for health care workers, then they'll have jobs. if they put all their faith in the government to keep paying their salary and it didn't turn out so, then shame on them. why can't anyone take personal responsibility these days?
There's probably some truth in this. I'd guess he was also unpopular with his colleagues. Mind you, well done to Deutsche Bank.