Monday 9 February 2009

Bash-A-Banker

It's Bash-A-Banker Week. Our MPs can hardly contain themselves.

John Prescott is recruiting what he calls "an online army" to frighten them into submission and Hazel Blears wants women to storm bank boardrooms to clear out the excess testosterone. And all this before the "trial" of the "guilty men" - as many in Westminster hope they'll see when the Treasury Select Committee cross-examines Fred "the Shred" Goodwin, the man who made the RBS what it is today.

All this, of course, raises the question of what - if anything - can be done about those offending bonuses. The parties are much less clear than their rhetoric suggests.

- The answer to Nick Robinsons Question is - The Politicians will struggle to do anything that will greatly liit bonuses, many of which are tied to contracts.

2 comments:

JDawg said...

Doug,

Sorry to see that you haven't posted for a while.

Interested to know what you think about the level of public debt compared to GDP.

DJ said...

Dug

Any thoughts on the likely outcome of the imminent Norwich North by-election?