Did bonuses help to fuel meltdown?

Questions are being asked about the multi-billion-dollar rewards that were paid to top banking executives in the US, writes Richard Curran.

20th September, 2008

Questions are being asked about the multi-billion-dollar rewards that were paid to top banking executives in the US, writes Richard Curran.

Before the dust settles on the enormous corporate collapses and near misses of the last few days, there is a growing clamour to establish how it all happened, who is to blame and what can be done about it.

There is no single reason why Lehman Brothers collapsed, AIG almost fell, Fannie Mae and...

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