Some more good news; how soon can we cap their bonsuses? Could we get it done by the end of next week. Only half of bankers would leave? Perhaps we could encourage the other half to depart. After all, these jokers have done a great job destroying the UK economy. We can do without them.
The poll by jobs website eFinancialCareers.com found that 49 percent of British-based bankers would consider voting with their feet such a limit to their income were introduced. That figure rose to 71 percent among financiers with six to ten years experience.
"Were bonuses to be capped unilaterally in the UK, the country would run the risk of an exodus of top financial talent," said John Benson, chief executive of eFinancialCareers.
However, where would they go? Wall street has already fired legions of bankers. The Swiss banking system is also in trouble. Things aren't that rosy in the far east.
Does that mean that these talented financiers are going to stay?