Just when we thought the focus on Sir David Walker’s report would be pay, now the worry is about banks’ possibly making even more errors of judgment.
Richard Northedge questions whether there will be meddling by ‘amateur’ non-execs and investors, even if bankers can ‘get it wrong’ sometimes. Could they do more damage than Fred the Shred? But perhaps The Edge is right in questioning whether the Walker proposals might be made compulsory across all companies. And he raises the issue of better training.
Channel 4′s John Snow has weighed into the debate as well, questioning whether banks can really change their greedy habits? Don’t hold your breath on getting more transparency, concludes the C4 news host.
