A BBC article reports:"The FSA says that bonuses should not be guaranteed for more than a year, and that senior employees should have their bonuses spread over three years."
The Skeptic on Banking Bonuses says:
All this means is that bonuses will be three times bigger and spread out over three years. Bankers are the quickest breed to find ways around hurdles and ensure that they can line their pockets and buy a new house each year.
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