08 February 2009

Procrastination

President Obama decides that the remuneration of bankers helped by the US Government should be capped at $500,000 per year.

President Sarkozy decides that bankers helped by the French Government should not get bonuses.

PM Brown and Chancellor Darling decide to set up a review of bank management, including their remuneration arrangements, which will report sometime ... Which, when you come to think about it, is not really a decision at all.

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