Bankers versus Governments -Bonuses etc
So can the major governments dictate to the banks on how to reward their staff and waht businesses they should be in? I doubt it very much. If the banks don’t generate profits from astute investment skills, then governments lose tax revenues, businesses cannot borrow money and the economy stagnates or continues to flounder. Leave the banks to do what they do best. By all means banks should learn the principles of sound lending, but apart from that all this rhetoric, particularly in the UK, where the parties are canvassing your vote in the impending election, the banks are being used as the scapegoat for government failings.
