martyh

Whilst i do wonder how some of these bonuses are earned and how the figures are arrived at i can't see how government has the right to interfere with bonuses paid by private companies .If bonuses where curbed by legislation then the banks would simply pay more in the form of a wage ,at least with the way it is now there is a chance that bonuses can be clawed back if it is revealed at a later date that things went wrong .Most of the big bonuses are paid over a number of years in the form of shares so easily taken back