A banker’s bonus ain’t what it used to be …
The Financial Stability Forum published their principles on reservering, crisis management and banker's compensation yesterday. Here are the headlines: Recommendations and principles to strengthen financial systems On 2 April 2009, the Financial Stability Forum (FSF) issued reports covering: Recommendations for Addressing Procyclicality in the Financial System; Principles for Cross-border Cooperation on Crisis Management; and Principles…