Bonus Battle

(Video) The Fed stepped up today with the US version of a worldwide backlash on bonuses for bankers. Led by French President Nicholas Sarkozy, this is another example of the G20 nations' rising power. Sarkozy is dragging a reluctant US along on his crusade to curb banker's pay. It only works if the whole world does it - and that could never have happened in the past, even though majorities of Americans have steam coming out of their ears over the obscene bonuses. Full Story »

Posted by Evelyn Messinger
Tags Help
Subjects: World, U.S., Business
Member Tags: banks, bonuses
Editorial Help
Posted by: Posted by Evelyn Messinger - Sep 18, 2009 - 11:28 AM PDT
Content Type: Video
Edit Lock: This story can be edited
Edited by: Kaizar Campwala - Sep 19, 2009 - 11:30 AM PDT
Derek Hawkins
3.9
by Derek Hawkins - Sep. 19, 2009

Link TV's Global Pulse samples international media coverage of the bank bonus controversy, in which France is leading the charge for greater regulation. The reporter's voice-over is more upfront than is typical of these Global Pulse segments, which I found helpful, as this is a fairly complex issue.

See Full Review » (11 answers)
Fabrice Florin
3.8
by Fabrice Florin - Sep. 19, 2009

Informative overview of how different public broadcasters are covering international plans to regulate bank bonuses. This short video roundup compares news clips from around the world: ABC, Aljazeera, BBC, CNN, Deutsche Welle and TV5Monde.

This video's Roshomon effect broadened my perspective and gives a clearer and more reliable picture of these issues than if I was watching it from a single news source.

See Full Review » (11 answers)
Kaizar Campwala
3.8
by Kaizar Campwala - Sep. 19, 2009

A good issue for comparison of public attitudes, and government reaction. That bank bonuses are a significant source of tax revenue to cities like London and New York was something I had not thought about. It would have been interesting to see whether banks are looking elsewhere to do business, if Europe and the US continue to tighten regulations.

See Full Review » (11 answers)
Evelyn Messinger
5.0
by Evelyn Messinger - Sep. 18, 2009

As we were putting this story together, I thought that US financial news would ignore the movement towards curbing banker's bonuses. But the Fed is buying it, and so it is being reported...in the WSJ today, for starters.

See Full Review » (2 answers)

Comments on this story Help (BETA)

NT Rating | My Rating

Ratings

3.9

Good
from 5 reviews (71% confidence)
Quality
3.8
Facts
3.8
Fairness
3.8
Sourcing
4.5
Style
3.7
Context
4.0
Depth
3.0
Enterprise
3.3
Relevance
4.0
Popularity
4.0
Recommendation
4.0
Credibility
4.8
# Reviews
2.5
# Views
5.0
# Likes
1.0
# Emails
1.0
More
How our ratings work »
(See these related stories.)

Links Help

  • Climate change's cold reality

    Developing countries will account for an estimated two-thirds to three-fourths of greenhouse gas increases over the next decade, yet nothing in the Copenhagen agreement will ...
    Posted by Derek Hawkins
  • Climate Change: A Perilous Path

    Evidence is growing that relatively cheap policies like climate engineering and non-carbon energy research could effectively prevent suffering from global warming, both in the ...
    Posted by Derek Hawkins