the 1980s was big for finance we've all
seen Wall Street and Trading Places it
was then that bank of bonuses began
their heady climb deregulation allowed
commercial Banks to expand into stock
and bond trading boosting profits
Bankers reap bonuses in line with the
huge profits they made those bonuses
were then cast as one of the root causes
for the 2008 Global crisis the heart of
an incentive system that rewarded greed
and risk bonuses shrank as Banks
adjusted to the post bailout reality of
lower profits many banks change their
pay structure to reward longer term
success but Regulators want more
specifically power to claw back cash
when risky Investments go sour or when
there's foul play as the EU rolls out
the first law limiting payouts bonuses
of more than twice fixed salaries are
banned debate rages over whether
Regulators should interfere with
compensation but has Banker bashing gone
on too long those in the profession
argue the Caps may just drive base
salaries up and leave places like London
at a disadvantage to its peers in New
York and
Tokyo