Bonus Culture

Forgive me if I am wrong but if the Public hadn't bailed out the banks, they would have gone into administration and the majority of those working for them would have lost their jobs.

Surely the reaction is "phew, I still have a job, what a result because in normal circumstances I would be looking for another and in the bankng sector they are few and far between", not "I am really dissapointed I'm not getting my contractual bonus this year"!