Stop rewarding reckless bankers, now
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Certainly, you're aware that events of the past year have proven that, without oversight, banks will take unreasonable risks, endangering the global financial system. We can't afford to keep bailing out these risk takers. Instead, we need a stable well managed banking system. It's way passed time to legislate and enforce regulatory measures that will prevent bankers from taking risks that lead to shortterm gains followed by large scale losses. To protect our financial system and prevent future tax-funded bailouts, please, push for reforms that cap compensation and mandate tying bonuses to longterm success; now.
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