"You can just imagine the public reaction given the fact that bankers are still doing relatively well relative to everyone else.
Q: Yet the science budget has done relatively well relative to other departments, which have been cut much more.
A critical issue across the industry is liquidity, and we are positioned well relative to our peers.
"You could make a case for all of these markets doing well, relative to the U.S.," he said.
Nevertheless, the firm has performed well relative to its peers, according to data compiled by Bloomberg and Thomson Reuters.
Its latest snapshot of the UK summed up how the country fares well relative to other nations in the largely rich OECD group.
The announcement further dented the confidence of clients and the stockmarket.Ironically, the property fund had performed quite well relative to its peers.
Under Mr Bernanke the Fed has performed well relative to peers but has repeatedly missed its own inflation and unemployment targets.
"Two years ago I'd have said the UAE does well relative to the region," says Habib al-Mulla of the Dubai office of Baker & McKenzie, a law firm.
