IEA Director General Mark Littlewood spoke about bankers bonuses on the Jeremy Vine show. He argued that if we do not want the government to make a loss when RBS is re-privatised, the need is to ensure that the best bankers work there. Furthermore, he spoke of the billions of pounds British taxpayers have riding on having the financial health of RBS and therefore the need to retain talented bankers.
You can listen to the whole programme here. The segment begins at 9.58.