How to make bankers behave

With the threat of a total collapse of the banking system receding, attention should be turning to stopping events like the credit crunch triggering a similar crisis.

In the UK, there’s been much (empty) talk of stopping bonuses but it seems to me there’s another approach: change the rules so that bonuses not only have to be paid entirely in shares, but that the shares cannot be cashed in for at least 20 years.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: