Gordon Brown today said that bankers who had acted irresponsibly and taken excessive risks deserved to be "punished".
In an interview with GMTV, the prime minister said that he was "angry at irresponsible behaviour" and that the days of big bonuses in the City were over.
When Brown unveiled his £500bn bank rescue plan yesterday, he refused to accept David Cameron's suggestion that there should be no bonuses at all for executives in banks who are being bailed out by the taxpayer because they have taken excessive risks.
But this morning Brown adopted a tougher stance. MORE
... 'The days of big bonuses are over. One of the conditions of us helping the banks is that we will have to reach an agreement about their executive remuneration," he said.
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Is this gonna happen in Malaysia as well .. I mean the big bonuses for our corporate guys .. (just kidding!)
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