A paper co-written by Tim Ambler, a senior fellow at London Business School and Keith Boyfield of Adam Smith Institute, today argues that it is 'scandalous' that directors whose banks have been rescued by the taxpayer are being permitted to carry on paying themselves generous salaries.
Bankers whose institutions have effectively failed should be permanently expelled from the industry, they say.
A paper co-written by Tim Ambler, a senior fellow at London Business School and Keith Boyfield of Adam Smith Institute, today argues that it is 'scandalous' that directors whose banks have been rescued by the taxpayer are being permitted to carry on paying themselves generous salaries.