• The post you are reporting:
   
  Although in 13th Century Philosopher Thomas Aquinas was unable to get his head round, a just price for any piece of work,
  the present set up cannot be justified.
  
  Bankers use market forces as a way of justifying big big bonus's.
  
  The present crisis has been caused partly by the financial institutions, and there irresponsible decisions.
  
  Yet they tell us time for remorse is over and we should be happy for them to recieve large bonus's again.
  
  It makes little sense in motivational or financial terms.
  
  The trouble with paying bonus's at the moment is that there achievements are less than exceptional.
  
  Evidence show bonus's don't motivate.
  
  Research shows bonus's dont work, dont produce the desired results for more complex activities.
  
  Experiments show getting fnancial reward do worse at complex tasks than those without such rewards.
  
  So, putting aside risk, Many banks make profit due to the Govt underwriting losses, when banks fail the govt stepped in
  and the taxpayer paid, Many bankers were happy to milk the dosh before the crash, whilst at the same time misreading the risks.
  and reporting big profits.
  
  Bankers should take account of previous big losses in setting this years bonus's and reduce them significantly
  
  Thats the polite version

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