Have chickens come home to roost for Lehman workers?
Redundancy can be a terrible thing (we know a thing or two about it in these parts) and I wouldn't wish it on anybody but I wonder how much sympathy there will be for those now being shown the door following the collapse of Lehman Brothers.
This year City workers shared more than £13bn in bonuses - equating to £27k for every worker - and knowing what we know today, one has to ask why.
Yesterday Stephen Green from HSBC called for bankers only to be be handsomely remunerated when a deal is successful - it might surprise many to hear that this isn't already the case. Either way reform looks a certainty but will it prevent this kind of cataclysmic collapse happening again?
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