How can bankers be stopped from being greedy materialistic bastards? That’s a problem which has puzzled the world’s greatest minds since the Great Financial Crash of 2007-08. In the UK the former chief executive of the house-builder Persimmon was paid £85 million for two years recently. It’s difficult to known how to excuse that.
And how on earth can Garth Ritchie justify his extra €250,000 a month as a “functional allowance” for “overseeing” Deutsche Bank’s Brexit contingency plans?
We have the answer to bad behaviour from fat cats, thanks to Mustafa Kamal, finance minister of Pakistan. He has just threatened dishonest bankers who take bribes; they will “go to hell” he says.
Trouble is, all the bankers we know are already there…