To all those who "oppose" bankers' bonuses: if you were the CEO of a business worth billions, would you, out of the goodness of your hearts, forgo your bonus, due to errors that your industry, not necessarily you, made? I think £2 million is a perfectly reasonable amount for a CEO of one of the biggest businesses in the world to be receiving. He's clearly 100000x more successful than your average business man, so why on earth shouldn't his bonus reflect that?
Our financial sector is the one good thing this country has left going for it. A huge amount of the bonuses, over 60% I believe, that bankers 'receive' go straight into the treasury as tax. As such, it is comforting to know that anyone stupid enough to want to assault the banking system for petty populist approval will never reach the corridors of power, and will remain confined to the fringes of the SWP or other loony groups. Lose our financial sector, and what do we have left as a nation?
Now, this isn't to say that I don't think that bankers should be held to account for their mistakes, or that we shouldn't try and learn from previous errors, but: as for "they caused the crisis", nope, that's not quite accurate. "Boom and bust" is an inherent flaw of the capitalist system, one that'll never go away. However, the inherent flaw of boom and bust is no way near as bad as the many, darker inherent aspects of the alternative system. So I think I'll chose to live with it.