Banks and bonuses Making hay- The Economist 10/15/09

Here is my response to the article as presented above.
It an utter shame how these banks and their "true owners", the employees and executives carry on.
One only need to think about the effect on merchantability. The credit squeeze is bad for business, while the tax payers groan under huge mortgage loans, that these banks have refused to refinance or modify, the so called good staff return huge losses but take home mountains of cash.

There is no justification for business as usual. The holders of ordinary shares are too many too lose, too diverse to organized at a manageable level to make an impact. Attempting to arrange a united from would be akin to asking the Republicans to vote en-mass for health care over haul. That is not just going to happen.

Economist, management analysts and other thinkers would have to come up with a better approach in reigning in greedy corporate behaviors.
I attempted to shed light on some of these issues in my new book Obama first African American president, it is available online on amazon.com