Draw on previous bonuses to shore up balance sheets of banks
Had this been in place, then, under the current circumstances, governments would have been able to tap into the bonuses of investment bank employees over the past seven years in order to shore up the balance sheets of those banks.
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The Global Financial Crisis »The Global Financial Crisis
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How should the US and other governments respond? »How should the US and other governments respond?
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Measures to prevent Financial Crisis recurring? »Measures to prevent Financial Crisis recurring?
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Hold financial institution earnings in escrow for seven years »Hold financial institution earnings in escrow for seven years
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Draw on previous bonuses to shore up balance sheets of banks
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