In 2014, the EU passed legislation that capped bankers' bonuses at 100% of their pay or 200% with shareholder approval. In Germany 4 of the 15 major banks have instituted caps. Several banks avoided the cap by classifying manager as non-risk takers. Of the 87 bank managers in Germany that earned bonuses of more than 1 million euros ($1.37 million) in 2012, only 40 had been identified as being risk-takers. Proponents of the cap say that it will reduce incentives for bankers to take excessive risk similar to what led to the 2008 financial crisis. Opponents say that any cap on bankers' pay will push up non-bonus pay and cause bank's costs to rise.
@9DLJ5FC8mos8MO
Yes, but nationalize the banks and the financial system.
@9CHQZGM10mos10MO
Yes, and lower the cap to 50% while nationalising the banks.
@8Z7H68Q2yrs2Y
They should not receive bonuses, they get enough already
Bankers should not receive any bonuses
@8V6XYSB3yrs3Y
No, you keep what you earn
@8LSW2WV3yrs3Y
No, never regulate the successful
@8CM6DHC4yrs4Y
@99G2ZRR1yr1Y
No, unless they receive any money such as bailouts from the gov or have debt to the gov or public.
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