BANKS are poised to start handing out multi-million-pound bonuses despite claims that excessive pay helped to fuel the global financial crisis.
Liberal Democrat Treasury spokesman Vince Cable told the Standard: "I'm deeply concerned that they seem to have learned nothing from experience.
"It was the bonus culture that led these institutions into taking high risks which led to their collapse or near-collapse."
Of course this crisis had absolutely nothing to do with the Government's decade long easy money, low interest rate policies. Or their spendthrift public finance policies. And it certainly wasn't made any worse by their benevolent bailouts.
It was, in fact, all the fault of evil, covetous bankers.
God, I despair sometimes...