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Should bankers' bonuses be stopped?

15 November 2009

Poll Stated 16 November 2009: Should bankers' bonuses be stopped? Legislation’s being mooted to control big bonuses for uber-earners in city investment banks (e.g. not the high street banks – think the likes of Goldman Sachs, JP Morgan & UBS). Which of these is closest to your view?

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Poll Stated 16 November 2009:

Should bankers' bonuses be stopped?

Legislation’s being mooted to control big bonuses for uber-earners in city investment banks (e.g. not the high street banks – think the likes of Goldman Sachs, JP Morgan & UBS).

Which of these is closest to your view?

Results

A. No rules whatsoever. It’s an international industry, let the market decide. 725 votes (5 %)
B. No rules for private sector banks. Yet limit them for govt-rescued ones. 1,560 votes (10 %)
C. Reward long term results. Axe bonuses for short term risk-taking 4,031 votes (25 %)
D. Cap the amount. Have a panel set out annual limits. 1,528 votes (10 %)
E. Stop all big bonuses. The amount simply isn’t right. 8,079 votes (51 %)

                   15,923 votes received.

We try to use technology to limit voting to one per person. Occasionally, this may erroneously block a few people's votes (eg, from shared offices). Apologies for that.

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