Gordon ‘gets tough’ with the bankers

The BBC reports Gordon Brown as saying that the culture of rewarding bankers for failure and short term gain is being “swept away”, and that Labour would “aggressively” pursue action to ensure that future rewards for bankers were based on “long-term success” and failure was penalised.

The words horse, bolt, shutting, and door all come to mind. I’m sure the bankers are quaking in their boots.

Backdate the “aggressiveness”, Gordon, if you want to truly atone for your government’s pathetic lack of bank regulation in the past decade.

Posted via email from thoughtcat’s posterous