The European Parliament has agreed
proposals that would prevent banks paying bonuses that are more than
their fixed salary, unless shareholders holding two thirds of the
bank's shares attend a meeting and agree to override that. Tuesday
will see a needle negotiation between the Parliament and EU
government representatives. It’s behind closed doors, but right now
the UK is trying to get other governments to side with it to block
the bonus ban. Go to:
http://www.avaaz.org/en/uk_bankers_champagne_on_our_tab_a/?bLZacdb&v=22076
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