Financial crisis

In British newspapers of October 14 it is revealed that bonuses in the city of London financial institutions last year ( 2007) amounted to £17 billion pounds. You can quite easily multiply this by ten for such institutions in the USA, continental Europe, Japan, Hong Kong, Singapore etc. So £170 billion pounds were siphoned off by the fat cats over just one year by a conservative estimate. If this had gone on for the last ten years, £1.7 trillion pounds have been creamed off which is about the same amount now required to be paid off by the ordinary taxpayer of each country to stave off a complete meltdown of the western style capitalist system.
This bakshish culture of bonuses, tips, gratuities etc for supposedly good work must stop. The normal pay must reflect a standard measure of expected good work without any other incentive, failing which there must be penalties such as demotion or dismissal.
Such bonus culture is part and parcel of a culture of corruption hidden by euphemism. The corruption in Bangladesh is indeed chicken feed in comparison.