Bankers' claim bonuses are not 'evil'

Updated

Bankers' bonuses are "not the fount of all evils", RBS boss Stephen Hester has told MPs. Yes, they were something of a problem in the past he says, but not now. Just to reinforce his point, Hester's claims were backed up by, er, several other bankers. Including Bob Diamond, chief exec of Barclays and HSBC boss Stuart Gulliver. Have they learned nothing at all?

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