"Nice one Fred"

City bonuses represent a fundamental abuse and insult to the average citizen. How can people justify earning in one year what many of us could never earn in an entire lifetime? On top of these obscene payouts is the complete lack of accountability that means when an executive performs poorly they are usually given a healthy severance and usually they find another cushy position waiting for them after ruining lives sometimes on an unprecedented scale. This coupled with the fact that Bankers on the whole make money almost exclusively from exploiting the very poorest with outrageous interest rates and charges that push many people into a cycle of debt and effective slavery to the Banks  and its shareholders.

Suggestion  1

The New Scientist ran a fantastic article that restricted executive earnings related proportionately to the lowest paid members of staff. Whether this was x5, x10,  or x20 of the lowest wage this would still allow executives to earn what would be considered a very high wage without the obscene excesses that currently are available to fat cats. Of course I have simplified the idea here, but I think this kind of approach is fair. It would also be fair for legislation to be put in place to force companies to profit share to their employees limiting the obscene dividends paid out to company directors.

Suggestion 2

Cap interest rates for loans/credit cards and legislate to stop Banks constantly bombarding us with offers for loans and sending us endless credit card cheques that encourage people to become even more debt laden.

Suggestion 3

Sack them all, take away all their assets, and make them work in a Job Centre, any refusing to do this are slowly dropped into a vat consisting of all of their liquidised assets as cash which has been mulched into an appropriate pap that would eventually drown them.