Sharon Bowles MEP hails victory over bankers´ bonuses and casino banking
South East Lib Dem MEP Sharon Bowles, who chairs the European Parliament's influential Economic and Monetary Affairs Committee, has hailed the new EU law to rein in bankers´ bonuses as a landmark success. The tough new rules voted through the European Parliament will be implemented in time for this year's bonus payout. This will stop bank directors such as Fred Goodwin walking away with excessive bonus style pension pots if their bank fails.