Banking Reform Must Be Thought Through Properly ; by Clark Mcginn

Summary

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It's that time of year again: the main British banks are about to launch a "discussion paper" justifying bonuses by linking them (broadly) to lending targets, while student protestors gear up to respond by accusing bankers of sucking money previously assigned to higher education out of the economy.

When it comes to the Punch and Judy show of bankers' bonuses it's a case of another year, another soundbite - but are we any further forward in creating a safe banking system to help grow our economy?

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Banking Reform Must Be Thought Through Properly ; by Clark Mcginn

Probably not - which is why it is easier for politicians, trades unionists and protesters to bellow about the level of City bonuses than it is for them to help craft a sensible contribution to a global policy debate.

Please do...

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